Want your thoughts on this. So, I am in the middle of purchasing a co-op unit for a flip. The property is being sold as-is / cash only by the management/Hoa of the development. The original owner stopped paying the ta...

I heard people have had success setting up divided rooms with desks, chairs, etc. to rent out as pseudo office space.

Most, but not all, post offices allow street addressing of PO Boxes now.

The issue I have is that the section 8 office takes a few weeks after leases are signed to issue the contract and declare the tenant's vs th PHA share. 

Go to city building & assessor offices to see what you can dig up about the property, including past permits and inspections, tickets, etc.Make sure you get all tenant contact info and application info at closing.

Tenants understand that the owner or PM has the right to periodically inspect the dwelling and if it is found that the tenant is destroying the home the Section 8 office can be contacted and the benefits will be placed at risk along with possible eviction.  

The townhouse is 3 stories with a office on the bottom floor, kitchen and livening room on the second with all rooms on the top floor.The Townhouse is being rented by a friend and we are being helpful this year.

Quote from @James Hamling: Quote from @Ryan Daulton:Real Estate appreciates just 4% annually - $43,330.58 "profit"That's the key emphasis there "appreciates".As long as the appreciation is faster than CD rate then that asset is good.But some office building like in 455 Market St San Francisco lost value 80% within 10 years lol.

Airtags are devices developed by apple to track things like keys or bags, I use this to airtag items most susceptible to theft like hot water tanks or furnaces and provide this data to the police to track the perpetrators.2.

As they create the debt after with your situation debt is already created so getting the banks blessing is paramount.I sold an office building i had to take back after the GFC my bank was good to me and kept my loan in place and I did what you did and sold to my Tenant..