Usually when someone shows up new to the forums with an inkling to do Section 8, they don't really understand the complications that can come from investing in them and have seen a YouTube or TikTok that makes it sound like a no-brainer to get paid by the government to be a landlord.

Become first "seasoned to real estate" and by that time, you'll have enough experience to judge better the asset protection question.Here are two more bits of advice: 1. stay away from ChatGPT (it might sound authoritative and knowledgeable, but you need to have enough information/experience to critically judge the validity of its "answers"). 2.

Sounds great.

Sounds like the place is no longer fitting your needs if $500 per year is causing consternation.

If it sounds too good to be true, it almost always is. 

The investor also had no backup plan, and it was clear they hadn’t considered the potential risk if this failed - they just said "we would foreclose" - which if they did would (at best) provide single digit return...It gets even better, if they did get the borrower to follow their exit strategy, they would make around 13%...Here’s the problem: The gurus often make note investing sound like it’s just a game of persuasion, telling you it’s "easy" to get borrowers to agree to anything if you push the right buttons.

Based on your post and your questions, it sounds like you are at the very beginning of your journey so you have to ask yourself, why do you want invest in real estate?

Any advice or personal experience that you can share would be greatly appreciated.CoreyCorey,Sounds like you are in great position right now.

Quote from @David Leggett: That sounds great! 

It sounds like a great partnership...