Hi All,First time looking into Section 8 investment property in Berwick, ME. What is the experience with this program - Pro/Cons, watch outs, etc?.  Is there $$ to be made as an investor? Thanks in advance

I flipped two my first year and made a great profit $70,000+(2021), I had zero land deals the next year (2022) I had two deals fall thru,  but used my knowledge and resources to get my family into a bigger/newer house ( using subject-to financing), sell my old house and payoff the sub-to mortgage and make $20,000 on top.  

Quote from @Jai Windish: Hey everyone,I am from Illinois and actually closer to Peoria than Champaign, but choices were limited.

This can be very expensive and is usually the worst choice because you can't justify the cost.2.

Be fair but firm with your choices.

., to the best of my knowledge a Wyoming LLC can own property in any state, however the LLC must register as a foreign entity in that state. 

Sometimes a refi or HELOC can be an alternative if you want to hold onto the property.If I were in your shoes, I would start looking at a refi first and see if that would be the most beneficial choice. 

Definitely connect with an investor-friendly agent, they should have all the knowledge, resources, and connections you will need.

It can be a very good market, but the why behind your choice may help us give you better advice on how to move forward.Before realtors and property managers, you really need to meet other investors so you are making a good move by trying to do that here, but it would be better if you could do it in person.

They’re pretty solid markets with good rental demand.As for RentRedi its a great choice for tenant screening.