My best advice is to look for someone who’s active in the markets you’re interested in and has been through the challenges of Section 8 (e.g., inspections, tenant management).Analyzing Deals: With Section 8 properties, it's crucial to understand that Fair Market Rents (FMRs) aren't guaranteed, and neither are rents overall.

However, if short-term rentals are no longer allowed or become less viable, I’m prepared to switch to long-term rentals.Funding the entire construction at once is a challenge, so I'm exploring the best strategy.

Challenges?

I will post the before and after pictures, hopefully it can help anyone starting this journey, we are new investing out of state but NOT new to handlining construction project out of state for clients, looking forward to the challenge!!!!

To support some of the challenges some residents may have that feel they conserve while others don't, you can also take the # of occupants and the square footage and come out w/a higher ratio for larger units w/more people.  

Definitely the way to go on rental properties if you are an out of state investor NOT looking for an enormous undertaking with a BRRRR type scenario or investment of that nature or part time or full time job.

Yes, in many jurisdictions, the previous owner will have certain rights that might allow them to "redeem" or at least "challenge" that auction. 

Bryan, it sounds like you have a solid plan for rehabbing the duplex but are facing challenges with traditional financing methods like HELOC and home equity loans due to DTI issues.

My second slow season I decided not to rent it out because the propane bill to heat the home wasn’t worth the hassle, this last slow season was record snow and many homes lost power and heat for several days, it was categorized as a natural disaster.

SMS does NOT solve the motivation of the seller challenge.