HUD comes up with these figures by doing rent surveys with landlords, and I have participated in many of those surveys over the years at the request of the local administrator of the Section 8 program. 

On top of that, we transitioned the loan from a community bank to a Freddie Mac agency, making it non-recourse—a significant upgrade.Exit:Today, on August 15, 2024, I’m proud to share that we sold the property for $3.15M.

Most have exited since the earlier thread's activity, so I'm starting a fresh thread asking members here, did you participate in any of the completed deals and was your experience and return as advertised?

Many arrive at this strategy through paid mentorship, while others settle on the strategy through their own education because its such a  widely discussed strategy with so many industry participants peddling the concept thanks to the low barrier of entry and ancillary services and fees that are generated.  

and us PML ers will also do participation loans were the big companies wont do those . to me though the PML / HML argument is really just a marketing ploy..

We find it highly unlikely that the Legislature, having demonstrated its strong commitment to the protection of tenants from unjustifiable evictions, would have intended to permit the eviction of an exemplary tenant solely for the reason that the federal government has found her qualified to participate in the Section 8 housing program pursuant to which the government pays a portion of her rent. ”)

I haven't participated in foreclosure sales but my understanding is that the same issues with occupants apply. 

Don't mention it to the locals though, even a proud rough neck like you might not be able to make it out of that one ;)

I raise this because there’s no true regulations and it’s truly the Wild West of lending with tons of questionable participants. 

It requires a higher down payment and remote management, which can be harder without a strong team.House hacking with a VA loan is better for hands-on management; DSCR is great if you're ready to start from a distance.From a tax perspective, if you intend to qualify as REPS or have material participation in STR, being overseas will prevent that.