Appreciate any advice at all.Things to note: I have a well qualified plumber tenant for the bigger under house garage already.

The program is designed to assist low-income families, and these benchmarks might exclude a lot of qualified people.That said, the requirement for stable rental and work history is reasonable, but you might consider relaxing the credit score or income requirements since Section 8 guarantees a portion of the rent.

Once converted to a rental, repairs and improvements may qualify as deductible expenses, but pre-conversion repairs typically do not.

If that LLC can qualify for the loan, it should be able to be refinanced.

Negotiating favorable terms is both an art and a science, and in real estate, it's a critical skill that can make or break a deal.

The first step is talking to a lender and getting pre-qualified.

Connect with a lender/agent locally to get a feel for the area/what you can qualify.

I figured, if I hire several low skill employees it would equal one high skilled employee.

That'll help you figure out what direction to aim in before speaking with a bank to figure out how much you can qualify for. 

Hopefully, you find it helpful and qualifies us to assist you with your goals:)---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?