Given the nature of small towns, we have personal relationships with multiple members of the board which we believe positions us well for success but of course there is still uncertainty.

Managing rentals isn’t for everyone, especially after dealing with bad tenants, challenging property managers, and increasing costs.

Since I have a long-term interest in getting into hotel investing, this feels like a natural stepping stone, but I want to approach it the right way.I feel like this is such a great opportunity, especially with it being off market.

@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!

When analyzing properties, it's helpful to run a rental stress test to see if the deal can withstand unexpected challenges.

Is your income considered variable in nature depending on job sites and that you do not work a set amount of hours per week?

The challenge is that non-government jobs are often short-lived.

Happy to be a resource as I know all of this is challenging.

Challenges?

In real estate, blunt honesty often protects people from common pitfalls or predatory advice that oversimplifies the challenges of investing.