If rates become more favorable in the future, we'll have an opportunity to refinance.Why we bought itThe 55-unit I mentioned earlier is a perfect comp for us.

In my experience, the average Section 8 resident behaves differently than the average market rate resident, and the government-backed rent is not worth the added hassle.  

B , I lose that option but have less execution risk. 

And when you said the management company takes a 550 credit score , all I see in your future are evictions .   

I am doing my own thing now but give a lot of credit to Lee, Gary etc.  

Don't make your life more complicated than it has to be.

Now less than a year later, the property is being sold as a duplex and everything on the city and county’s website said duplex.

Purchase price: $145,000 Cash invested: $60,000 Finding a move-in-ready home that offers modern upgrades and country charm can be challenging—but this fully renovated 4-5 bedroom, 2-bathroom ranch is the perfect solution.

Ask for a discount for prepaying for an in house credit?

You can also look into building a rental portfolio which is a little less hands off compared to flipping.