I appreciate the ability to teach out to you with questions!

Now that I see how things work and have the ability to do it, I want to pass down a legacy and set my kids up a few hurdles ahead like many other communities.

Doesn't affect us, but it would affect anyone with a hot tub because it would really hinder your ability to refill it.

You can't raise the rents in a fixed term lease but if it's month to month you may have the ability to make a change with notice (30 days is fair in my market).

If your numbers are solid, you might even be able to cover the monthly payments out of the rehab budget.This kind of setup works best for properties that need significant rehab, and you need to be confident in your numbers and your ability to get the work done. 

It's education, resources, ability to talk to Pace and his team in zooms, as well as put you in a community of like minded people, also the amount of opportunity within the community is endless. 

Maybe in the future they will add the ability to create a balance sheet which could be beneficial. 

Before we started the flip he had filled me with so much confidence in his ability, then once work was underway it was one excuse after the other.

So, you may not have have the ability to increase rents because Section 8 limits how much you can charge, which may not keep up with inflation.Not everyone has Section 8 issues as my clients had, but you will more likely to have more problems than with non-Section 8 tenants.Multi-Family vs.

I think the ability for the lower cost places in the midwest to 'cash flow' has been way, way overstated.If you know a market well though, that's definitely an advantage.