You’ll need to handle inspections, work with housing authorities, and make sure your tenant screening process is solid.

I don’t know how 2 people got 3 homestead exemptions but that seems like something the local taxing authority could catch pretty easy.

20 million in assets!

Initially they said they would make payments to me and crap like they have millions in assets, just no liquid assets. 

The lender wont talk to you without the owners written authorization, and the lender does not own the property to sell it to you. 

This is yet another tale of a building inspector who feels the need to assert his authority by constantly reminding everyone, "I am the Inspector." 

I do not know many investors that stay in this asset type long term.

The S8 process begins with the tenant sending the signed lease to the housing authority along with your application.Regarding rent, don't expect to get the published FMR.

Often, the builder’s agents act as gatekeepers and may not have the information or authority needed to make decisions.

That would result in both a transfer of cash and associated journal entries.If my LLC doesn't have a bank account and I've been tracking its assets in my accounting ledgers only, moving money for the sake of moving money would seem strange (and suspicious).