Then make sure that the ledgers you're getting match those amounts (it's easiest if the PM or landlord keeps a separate ledger for tenant and HA but a lot do not and it can take some detective work to decipher which payments are which).Section 8 is a great program when executed well. 

Thanks Kenneth Garrentt.The cost is 6% so for 2 year lease renewal it will be over 4k.Is it ok to post part that is tricky to decipher in my contract here?

That’s what threw me for a loop because paying back those dividends from one account and deciphering who is owed what would’ve been a nightmare.

I was curious if any multi-property land lords have a good system (or suggested products) for keeping expenses straight and annotated throughout the year for their different properties.I have separate LLCs and bank accounts for each property, however when I go to export and classify most of my expenses for the year, I'm finding that I forget what some unlabeled (or hard to decipher) expenses were, and thus may be classifying them wrong.I'm looking for something like Quickbooks, but that can handle multiple LLCs/Bank accounts, because as I understand Quickbooks requires different user names for different businesses.Note: I have tried Stessa (and honestly, what it does is what I'm looking for....) but because I use smaller regional banks, the connects to the accounts have troubles several times a month, and I end up having to go back and manually import transactions anyway, so it ends up taking more time than it saves me.Thanks!

Here's a link to the raw guideline, if you want to attempt to decipher it.TLDR is that no you do not have to wait six months, but it has to have actually been a cash purchase, or other restrictions may apply. 

Purchase Price: 20,000Down Payment: approximately 4,000 (20%) (Seller needs this to pay back taxes and assessments, attorney's fees)  Monthly Rent: 625  (7,500 a year)Rehab: Approximately 5,000 would be needed to get property in rental shape (probably will end up being much less but I like to over hedge this for worst case scenario)Loan Terms: 16,000 @ 6% 5 year term 5 year amort (payment on this would be 270.66 a month once loan starts)I would only pay interest only for the first year of the loan ($772.67 total interest paid for year, would be $64.39 paid monthly) So Really 6 year loan with one year interest only and then just regular 5 year amort for remaining 5 yearsSelf Directed IRA Fees That I know about right now: 50$ set up fee and 206 yearly feeI am trying to decipher if this is worth doing and makes financial sense.  

If someone can help me decipher it would be great.Purchase Price 815K5 Unit Rent 1550 1533  1545  1545 1495Yearly $92,004Expenses Taxes 5382 Water sewer $3000 Ins $1400 Fuel $4000 Utilities $600 Repairs $500Total $14882What do I make of it ?

It is not a secret document that needs to be deciphered by an attorney. 

2. this "fund" has financial info that's "kinda controlled by SEC, but with so many loopholes that it can be like deciphering Indiana Jones stones, right?

As a new investor, I'm looking for a little bit of clarity on how to decipher on what's important and what not to focus on when dealing with these kinds of properties.