You can also explore FHA with 3.5% down as well with 1.75% Upfront fee + anything with more than 3-4 units, there will be a SS rule (Self-sufficient test) to pass per FHA guideline.If it is a legal multifamily unit, you can also use those vacant units as your rental income up to 75% of gross market rent.

As bit by bit more and more comes out in media of the myriad of gross mismanagement actions done via, your buddies Comrade John, Big Government. 

I only ask because you said you are new to this.The S8 rents you see on the HUD website is gross eligibility.

My uncle has an offer he pays all development fees and then gives the guy who engineers it all 33% gross cut.

LA in 2024 had a minimum wage of $19.33 an hour. 52 weeks at 40 hours a week grosses you $3,350 a month.

. $220K-$240K $2,000-$2,400 gross rent.

Quote from @Bob Dole: Quote from@Ronald Rohde:  It represents more risk than they need to take. unless its a gross operating business like multifamily or SS, single tenant has a lot of risk already. 

Quote from @Carlos Lopes: Gross income doesn't matter.This is the number most people post, and it's 92.7% useless.What you need is NET income, meaning the money left over after all expenses, and that should include a dollar amount for your personal time spent operating the business. 

There seems to be a belief throughout this thread that its alright for a city employee to come onto your property and simply lie about item after item and then send a written agreement in direct contrast expecting you to sign and return it.

Accounting system is a mess… >- Firing people at least weekly 1-2 employees at a time. it is clear that hiring and yet but appropriate for these people firing is what they do best.- Remember that people have left other work for this and only there a short time.