Good to compare notes and learn some new methods! 

With today's interest rate, this may be a viable option, compared to buying physical RE.

(To compare there are TEN full-unit rentals in my area of NH...though to be fair, Raleigh is literally 10 times bigger than the NH city...so maybe per capita it all evens out?)

Comparable properties are valued in the range of $450k-$500k in the area. 

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

So, it would not be a net loss, just a decrease on stock performance compared to leaving them alone.* "Rent" could be tax deductible* I get to secure a good property (condo) early, before prices increase (when rates lower)* Eventually, both properties become positive cashflows, and I get to have two leveraged properties within 1-2 years.Thanks!

Interest rates are really high compared to those of recent years.

Searching to learn more about Hard Money Lending specifically compared to private and fund this. great thread

In essence, it represents the maximum rent that CMHA is willing to pay for a particular property.Renting to CMHA tenants can indeed offer potential upsides, such as higher rents compared to market rates in some cases, as CMHA may be willing to pay above-market rates to ensure tenants have access to suitable housing.

@Vicente Hernandez, Kudos to you for looking for ripe markets to grow.  1031 exchanges are still comparatively rare compared to the number of transactions that potentially qualify.