@Chris Mahoo Even without qualifying for Real Estate Professional Status (REPS), long-term rentals offer key benefits like depreciation deductions over 27.5 years, deductible expenses (e.g., mortgage interest, repairs), and up to $25,000 in passive loss deductions if your MAGI is under $150K.

Those are key to demand and long-term value.It all comes down to your underwriting.

Another key change is making sure your contractor actually sticks to completion deadlines...why, because of how extremely tedious permit inspectors are getting in some cities, which can slow progress in and of itself.

@Johnny Lynum we did offer them an aggressive cash for keys amount to get them out as soon as possible.

The key is by leveraging OPM (Other People’s Money).Do you have private money lenders in your circle who might fund the deal in exchange for equity or some interest?

The key for any tenant, S8 or not, is screening, imo. 

The key is to differentiate your offering!

If that's the case look into finding a handyman, and make sure to shop around for the best price.Stuff I have ran into:lost keys/lockpicking [hired]broken washer [fixed myself]shower door [fixed myself]AC clogged [hired]Microwave broken [replaced myself]holes in the wall [fixed myself] Thank you!

Do you have a price point you're targeting and are you looking for turn-key properties or something along the lines of a "fixer upper"?

However, having both a DSCR and fix and flip lender at the ready who is fine with rural properties will be key.