Detailed studies break down every component for maximum depreciation ($3,000–$10,000).

Lots of new ground breaking.

But for some, including myself when we bought in 2015, breaking even or even losing a little each month was okay in order to own a property in Hawaii that we could also use ourselves.- Does the condo have an existing STVR permit or will you need to apply for it?

Yea you can cash $500 a month but if you have a $10k AC unit break down thats a whole year of cash flow.

Based on the cash to close numbers, your break even point is 93 months or 7.8 years.

Pay them an agreed upon amount and they break the lease and move out.

When you start asking the question, where are we going to get more housing for all of the 20,000 people moving to our valley every year, you look around and say: "I guess I will".Our first project has been over 3 years in process with a handful of friends and my Dad as the primary investor, we are ready to break ground on 17 units of townhomes and multifamily units for sale in West Boise.

There are also some benefits to leverage such as tax breaks that lowers the effective cost of borrowing the money.

If their guest falls down the stairs and breaks a leg, you would be covered under the tenant's policy and wouldn't need to file with our insurer.

Organizational Delays: Section 8 offices are often overworked and understaffed, leading to slow processing times for new tenants, delayed rent increase approvals, and poor responsiveness.Benefits of Section 8:1.Long-Term Tenants: When you get a good tenant, they usually stay for a long time because of the tedious process required to qualify for Section 8 housing.2.Consistent Income: If Section 8 covers most or all of the rent, you typically receive reliable monthly payments, reducing the risk of non-payment (as long as there isn’t a large tenant portion).3.Lower Barrier to Entry: Because properties in these areas are often more affordable, it’s a good way for new investors to break into real estate without needing a large amount of capital.Overall, I’ve seen the good and the bad of this strategy.