If you buy a deal that makes sense at market but then you decide to take Section 8 and rent it for more, that is icing on the cake.

For simple math, let's say you were like 99% of the fruit cakes on this forum--- they'll say net $10k/mo.

@Ben ClingerHi Ben, I just noticed your post.Toledo just clarified their inspection criteria for section 8 houses and decided they wanted their cake and to eat it too...we don't have to have an interior inspection (since LMHA inspects that during their inspection), but we DO have to pay for a Lead Inspector contractor to visually inspect the exterior of the house and of course we DO have to pay the $45 fee (which is of course what this is all about).LMHA of course inspects the outside of houses along with the inside so the whole lead inspection is redundant.

We can't have our cake and eat it too.

I would have already filed lawsuits - if you know of 10+ typically there is more, and those who get in line first get to eat first - you do not want to be like the guy in office space and sit around and do nothing and not be the one to get a piece of the cake.

Thanks in advance to everyone who shares their thoughts.Let's pretend I'm some 23yr old know-nothing in real estate BUT what I do know is Real Estate Investing content sells like hot cakes. 

You should only invest if that's the strategy you're interested in doing, and the tax benefits are icing on the cake.

Looking for some insight/ experiences from folks who have furnished rentals/ Airbnb in Anaheim (City requirement 31 day minimum unless you have a permit).  

But keep learning that Jimmy Buffet song, “Living on Sponge Cake”.  

@Matthew Lamoreaux I think if you can find a rental, long-term or short-term, that cash flows well in today's market then this should be a factor that should be viewed as icing on the cake and should be used as a potential solidifier of a deal.