Also, whatever monthly payment your bank determines, i.e $10K LOC at $300/month for x amount of months, that will eat up a portion of your total contribution.For example, if your getting $400/month from your investment vehicle, plus $2,000 of your personal cash flow, that $300 bank note will eat up a portion of your $2,400 payment, and the remaining portion of that $2,400 will be applied to the LOC principal. 

.- Good luck getting them to pay their portion for the duration of their lease- Be careful including utilities in the rent as they then won't care about a running toilet resulting in a $500 water bill.- S8 tenants don['t want to pay application fees- S8 tenants cry broke about paying security deposits- S8 tenants in the program for 10+ years claim ignoreance on filling out their paperwork because they've learned a desperate landlord will do it for them.If you want a S8 tenant, you MUST advertise on www.AffordableHousing.com

I understand that if I rent this ADU out, then I can have a tax write off on the mortgage payment and insurance payment for the the ADU's sqft portion.

So he said I could X-Ray it and jackhammer up a good portion of it.

You can't even change a lightbulb.You or your family can't use or live in the property.You can't sell a portion of a property like you can sell portions of stocks, bonds, mutual funds, etc.

I'm assuming that the 2024 portion of the stay counts towards 2024 and the 2025 portion counts towards 2025.

If it is interest bearing than most states require that a portion of the interest goes to the tenant.

They take their portion of the housing voucher like clockwork and my funds are tied up in their system.

If any of the specific areas catch your interest and you’d like more details, these are only portions of the full reports I wrote on each submarket and I am happy to send the full report to you, feel free to send me a private messageAfter conducting thorough research on the economic and infrastructure developments in Alexandria, Virginia, I believe it holds strong potential as a long-term buy-and-hold real estate investment over the next 20 years.

However even if you make more money than the requirement you can use a portion of your income to apply.