I would caution you not to necessarily expect your NOI to be higher because you achieve higher rents leasing units to Section 8 tenants.

Balancing that with wanting to do something to maintain affordable housing for those in mid to lower income brackets.  

If I wasn't certain her story tracked, I would ask for documentation of her 401k balance and her application to withdraw money.

If you’re not paying cash for properties, get pre-approved for an investor loan to understand your available credit.Time FrameThe shorter your timeline to achieve your goal, the more upfront capital and credit you’ll need.End GoalMost investing goals focus on replacing their current income, like $5,000/Mo.

In evaluating seller financed notes, there is always a balance between redeeming and non-redeeming factors. 

Outline your goals and ask them how they can help you achieve those.

What is your budget and what numbers are you wanting to achieve? 

This means there are no checks and balances to ensure all transactions are entered correctly.

It also allows gives you greater flexibility.Plus, once you flip the home and make a few dollars, you should be able to pay the HELOC to a zero balance as well as having extra funds to throw in your war chest.

It is about creating a balance between being open to new tenants and protecting your property interests diligently.By fostering a more secure leasing process, you can ensure that your properties remain profitable and that your relationships with genuine tenants are based on trust and reliability.