@Nicholas Olson- thanks  1)  fyi - there are conventional loan programs that allow you to put 5% down on a 4 unit if you plan to live in it - consider this as you can avoid the  fha upfront mtg ins premium and also  avoid the permanent FHA monthly mtg ins   2) avoid  renting the unit you state you will be residing in as this sounds like a problem waiting to occur 

Nothing is better than your own spreadsheets, but the truth is that spreadsheets and tools and programs are the biggest cause of analysis paralysis in the business.

Good morning BP community,This is my first-time having using the section 8 program in having a tenant.

So, the only information you will need to complete the filing in the name of the LLC, the EIN and the personal information of the owner(s), including a copy of a government issued ID. 

This criteria is for 1-4 and 5-8 unit programs.

The government isn't mailing them copies of the violations.Assuming these items could have been discovered in a permit/violation search, it's actually your buyers agent, and the title company you should be upset with.

In reality this has turned out to be more than full time, I have not closed one deal and I have been in the program 6 months.

The tenants love her, she stays on top of maintenance, has implemented upgrades to improve the property and drive rent increases (much to my dismay, LOL), organizes fun themed events with catered food for tenants, manages evictions and oversees the building's Section 8 program.

The main reason is because local governments are getting quite aggressive trying to shut down STRs and creating new taxes etc for them.

More states are changing their laws to accommodate assistance programs.