I decided to purchase property in Pennsylvania where properties are more affordable in certain parts, demand is relatively good (less vacancy), healthy cash flow, and tenant laws are more favorable to the owner side in case your tenant stops paying their fair share. 

Wow Joe, this is absolutely incredible, thank you for sharing.

Many of us will gladly share our contacts - helping you AND that allows us to provide value to our contractors by referring them extra business.

Hey Megan, I'm glad you're interested in Section 8 investing—it can be a very rewarding niche, but it’s definitely got its share of challenges.

Just saw it and came to share it.https://dailytrojan.com/2024/11/26/trojan-shelter-struggles-...

What else can you share about them?

The lesson I learned is the lesson that most everyone shares: renovations will take longer than expected. 

Quote from @Elliot Angus: I recently came across an interesting opportunity and thought I’d share the details.Mortgage Details:Outstanding Balance: $70,000Fixed Interest Rate: 3.75%Monthly Payment (PITI): $950Loan Maturity: May 2045The property’s current market value is around $225,000, leaving significant equity on the table.Tenant-Buyer Situation:The property is currently occupied by Rent to Own tenants.

Pay attention to whether the room is a primary suite (your own bathroom) or shared bathroom, how many roommates, etc. as those would factor in to how much someone would be willing to pay.

I have a 72 point checklist  I can share with you if you PM me.