Do you want government involved to OFF morris?

You pay federal taxes , how about local taxes ?

If I do this, will IRS (or any other government entity) start looking at me and wondering what's going on?

SupplyLas Vegas is unique because it is a tiny island of privately owned land in an ocean of federal land.

A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.

@Lucas Schlund the same thing that happened to all the STRs in NY City when their ordinance went into effect, as well as many other cities.Owners must comply and the government doesn't care about your potential losses:(

Okay BPers - I'm back yet again to pester you with obvious questions, but not so obvious to me since I've called the entire Baltimore City Government and no one seems to know how to use a phone (Called at least 10 numbers - maybe it's a snowday?).

Installments will be due on the fifteenth (15"h) of every month; unless the fifteenth (15"h) should fall on a Sunday or federal holiday, in which case the payment will be due on the next business day.

VanGundy some room and board over an extended period of time at a state or federal long-term lodging facility, if you get my drift.

Know that the market you're serving does exist, and is like an underlying current that's being held back by walled garden that the government has only recently scrutinize.Zillow, Redfin and Trulia has all attempted at disintermediation and increase market efficiency, but failed due to the market powers that maybe.