Quote from @Bob Stevens: Quote from @Sean Doyle: Hi all, Curious on peoples thoughts for best Section 8 markets that they have/are currently invested in.Thanks, Sean Cleveland, I just got 875 for a two br, @Bob Stevens is that for a 2 bedroom on the West side?

As an Accountant and CFO with two decades of experience in real estate management, I’ve observed that landlords often handle things differently.

Here’s my two cents:Paying off the condo might make sense if your main goal is to reduce risk and enjoy the peace of mind that comes with no mortgage.

I have seen lenders go down to a $50K loan min, but like you said, at an increased cost.

We own and manage two and one is particularly difficult during the shoulder (slow) seasons.

Only difference is that California I have 1.5% or $1500 min vs every state as Joe mentioned is the same.

Usually of the home requires major repairs it may require a HML "hard money loan" then you refinance in 6 months on the new ARV.DSCR is also not a great avenue for low loan amounts because all loans under $125K will take a rate hit and the minimums are usually $125k after down payment with some going down to $100K Min.

Just thought I'd put my two cents in from the research I've been doing.

Important things to look for: if you want to STR (you will make more this way) then no rental restrictions, if you plan to MTR, 30 day min works, anything longer doesn't.

This property is in the next state over from me (only about 90 min away) and is a 5 unit, therefore I'm looking at a commercial loan.