It's not unusual to see 3/1 and 4/1 Section 8 properties but that single bathroom would not do well as an MTR.Overall, I'd say location and the shape of the property is going to be your key driver and the factors that will make or break you in the MTR space so very carefully evaluate both before you make your decision. 

As long as you don't argue with them or make them mad, you should not experience more than the usual brain damage of getting permits.

You can build apartments in Homestead florida located in miami dade county right now on infill lots going for less than 100k. we are just beginning to look at the entitlements required and have one investor considering them. we would put 2-3 housing units per lot. don't go to fort Myers or any of the other locations that don't have market drivers like miami.

Just like you can charge all Kia drivers and dentists and redheads a higher security deposit as long as you do it consistently.

Not a solution, but going forward...Have all adult tenant prospects fill out applications which require their social security number, driver's license number, their birth date, their current address and their prior address.

Spent a few weeks getting settled in to the neighborhood you are living in, (Getting your driver's license and car registered with the DMV) knowing where the grocery store is, et cetera. 

Yes, I collect SSN, date of birth, driver's license, previous addresses, etc.

To answer your questions, we typically average $400 ADR, w/ a 40% occ - NDU football is the driver.

To comply, refer to your loan agreement and provide evidence of occupancy, such as utility bills or driver's license updates.Good luck!

The seller doesn't have the borrower's driver license or any identity verification paperwork.