So, I am a vested party, but am not an employee, so have no employee type pressure.

@Patrick Roberts & @Tim Delaney- which lenders/ loan types are good for 80%?

Another would be you are building other units next door/nearby and you can chalk this build up to the "learning curve".I didn't see a CFO on GLH or GLC's website, but I'm sure you have someone doing this type of financial analysis for your developments?

If you can answer these types of questions you will know what is important as you game plan for the next 10 years.

The voucher is the most that Sec8 will pay for that person’s rent regardless of where they rent.  2) The second part of the Sec8 equation is the market rates for specific neighborhood’s and property types (SFR vs apartment, # bedrooms, # baths, utilities included vs paid by tenant, etc).

People interested in this type arrangement probably don’t have access to $150,0003.

Yes, how would I find these type of properties?

Hulk Hogan Gif's are Scientifically proven to increase the fun level of any type of forum.

Deviations from the Private Letter Rulings will significantly increase your risk of structuring this type of advanced 1031 exchange.You should discuss this more advanced 1031 Exchange structure in greater detail with your legal, tax and financial advisors to determine your comfort level with this complicated 1031 Exchange structure and the inherent risks involved.

Plan is to hold as long as my IRR is higher than 10% What made you interested in investing in this type of deal?