When I maintained my position that I wouldn't be paying 10K up front, Dmitri then insulted my section 8 investing knowledge and suggested that if I wasn't ready to move forward, then it was because I didn't understand enough about section 8 to begin with.

We have a disabled son and can’t maintain full-time residence there so that’s why we’re selling.

To me, if you aren't at least maintaining 0 cash flow, you're betting too much on appreciation to the investment work. 

I want to be a part of this market because I know I can offer tenants a well-maintained, up-to-code home.

I understand how to build and maintain a multi billion dollar brand so I get the value.

If they don't maintain a website, you ask them how they update the public with foreclosure statuses.

Generally we raise capital from investors who want a fixed income and have enough meat on the bone to keep all the equity in the deals and push the valuation and also obtain commercial financing where we can get 75-80% LTV financing and still maintain a DSCR of 1.2+2.) 

So maybe 8 phone calls across a year if you have a well maintained unit.

Work with a CPA for tax strategies, leverage each partner's strengths, and keep communication open while maintaining detailed records and hiring professionals to streamline operations.Good luck!

High occupancy isn't sexy, but that's what a good property manager will achieve, plus it's much easier to maintain a property with the tenant's money than the owner's money.