Where I’m working now has been through 3 dishwashers in the past 12 months (8 bedrooms).

you need to own the land or have more experience. make 100 calls to land developers nationally. use linkedin and get some experience for a month. this is a self taught business. very specialized. 

That way, you might preserve some of your monthly profit while still knocking out that line of credit.

1K monthly is not great.

@Brennen Clouse I've located & attended a few searching on Eventbrite that host monthly meetups.

Hi michaelI've been using orign8 at $250/month and they have a lot more to offer like lead gen, automation, missed call text back, basically an all-in-one inside sales marketer. but I don't know if it's available in your area. 

@Madeline Walsh if you are in the area you should stop in at our monthly meet up.

We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.

He has bought 3 houses in a 18 months and is building a 10 plex which will net him about $250k in 9 month when he refinances it. 

The only good use I can see of the fees are based on rent charged would be for a tenant to purchase it and charge themselves $0 or near $0 rent to avoid the rent based charges.