Hey Nicholas, I know we texted the other day but happy to give some feedback here as well.Look at the general condition of the house itself like you would any other property.But in terms of tenant quality, take a look at how they're living.

Wondering how that works in terms of owning rental properties.

A property may look good on paper in terms of appreciation but might not generate enough cash flow to cover expenses and build long-term wealth.Not Having a Backup Plan:If something goes wrong in any phase, such as a longer vacancy period or higher renovation costs, it can disrupt the whole strategy.

in terms of my research and making those correct decisions.

The way you are breaking it down is very spreadsheet-friendly in terms of what would work in a best-case scenario, but landlording for five room hackers is not easy and the rent is not easy to collect in all cases.

In terms of what I needed to know before going into my first house hack, having more detailed rules probably would have been helpful.

I'm looking to see what others ask in terms of programs the tenant is on, details of voucher, waiting/inspection periods or any other pertinent questions?

Hi everyone, I am looking at getting into the section 8 rental market as a foreign investor, what are the "best" states to invest in, in terms of cash flow and actually working with the city to cooperate and pass inspections.Is there anyone on here who could point me into the right direction of anyone that has done this, or the best way to go about doing this?

So, average cash flow is a product of the choices you make and the capital you have to deploy, as well as your lendability.I think what @Alecia Loveless wrote should be very helpful to you in terms of judging the money coming in, but it all depends on your location and investments.

Then there are other items that are negotiable in terms of marketing to get the place rented or at time of signing lease between the two parties.