Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.

I wouldn't go through all that trouble to make $10,000 to $20,000 but I guess that amount is acceptable to some people.I know a few successful flippers and they're in the San Francisco Bay Area  - their profit is at least $200,000 to over a $1 million.

Also, in a mainstream asset class like value-added multifamily, I see no reason to take a risk on a sponsor that doesn't have full real estate cycle experience or that lost anything more than a small amount of money (and prefer no money lost).

Your repercussion has already happened.People who sue HUD, sue all of us.Able people who accept sec 8, landlord or tenant, are abusing an otherwise noble social program, if they position themselves to qualify as a financial strategy, rather than qualifying for reasons of bad luck.

They tried to keep the money until I pointed it out being in the acceptance letter due to knowing the date closing was on. also take in account how long it would be for them to do the paperwork. it is the government associated program, so you know they like to take their time on paperwork. 

In a rural area, you can expect more acceptance due to the distances between homes, the taxes STRs bring in can make a real difference (plus the places people visit drive revenue) etc.There are a ton of folks converting their STRs to LTRs due to outright bans in the bigger cities.

I think the location will make it much easier for us to rent and hopefully reduce turnover.Once our offer was accepted, we sometimes felt that our agent was not fighting for our desired terms, but rather just trying to close the deal.

Even if they can't, we definitely need more lenders who accept rural properties.  :-) And after speaking with another lender, it's confirmed a log cabin based on the heat source and their lending guideline. 

I saw other investors recommend looking at their current home before accepting to rent.

I have this on my lease: "Tenant accepts the cost of clearing the drain of any and all stoppages within the property except those caused by defective plumbing, tree roots, or act of Nature or God."