Sec. 8 works well in some markets and it can be a premium and successful for locals who own a bunch of them and run them with an iron fist..

My mom is from Milwaukee and I have relatives that live at Lake Pewaukee and when my mom was alive she went back every summer for the state fair..

Currently own my first single family rental and now looking for multi family fairly new to real estate investing.

Thanks for the feedback; some quick stats: 9 doors across 4 states, about 50% LTV ratio with a Net Income of about 17% and cash on cash of about 3%.....in fairness those numbers include some overall business expenses not tied directly to one specific property.

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.

.: Quote from @V.G Jason: Not really a fair question.The reason most people could invest in 2010-2020 was because of that (outlier) environment.

Sometimes people don't want to live next to people that have a bunch of garbage in their front yard, that are loud and obnoxious, that are creepy and weird, or maybe who knows maybe the house next-door or on the same block had a murder or a shooting happen at it and it is a well-known thing that people can look up. regardless, I think that due diligence goes into affect here pretty well.

Make sure you have a bulletproof lease, treat the tenant fair but set expectations early on.  

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

Thanks, Victor.I have met the people in person, and it's a fairly large, established lender operating in multiple states.