If PPR gave a percentage of its profit (which is likely very high or else they couldn't pay 12% year in year out) then their fund might be worth a second look.The fund PPR I was in sent out their first round of notes to buy and they were all in the rust belt, with VERY questionable collateral values and most under $50k. 

With the high housing market in the past few years, house-hacking and living "rent free" is very tough almost everywhere in the country, especially if you are planning on putting <20% down (higher mortgage payments + PMI).

In Detroit, for example, I like to focus on strong C-class areas where Section 8 demand is high, but I still get some quality control over tenants.What’s the process like for becoming a Section 8 landlord?

You are asked to assist our pest control by maintaining a high standard of good housekeeping.

With regard to your "DST" and as with many highly structured tax vehicles that have a potential "self dealing" quality to them, there are a number of potential potholes you can easily step in along the way (e.g., constructive receipt doctrine, effective control over nominal 3rd party relationships, lack of genuine risk bearing and compliance with transactional terms, etc.).

Listings are usually withdrawn or expire if they're priced too high.

Wouldn't jacksonville total unit build be high in if the percentage in relation to current stock is high?

Jay, when we were looking at it a few years ago in a secondary market (this is where we specialize), the EV penetration was not that high.

If existing houses are cheap relative to land and constructions costs, and supply is high, it may not be worth developing even if the agency says "do whatever you want".

Yes you have to pay capital gains on selling your properties, but you will recover that quickly with the high returns.