I recently own approximately 1.5 acres of commercial real estate zoned R-3 moderate density multi family in Green Bay WI.I talked to a developer who estimates site fully developed could fit approximately 3 buildings of 12 unit apartments.

…these are the types of safety issues you’ll need to consider when house hacking…Moderately important: Storage.

In the short term the investment was not profitable, in the long run, appreciation and market changes gave me some moderate profit.

The issue I find is that when I go to list my units, which are clean and moderately upgraded apartments in Little Havana and Allapattah I literally have 70 applicants in 24hrs via facebook marketplace or through the apartment rental platform my property management software interfaces with (like Apartments.com etc).So when I have 70 people lining up with first, last and deposit with no other middleman or agency impeding the process or requiring inspections or causing delays or requesting additional paperwork be filled out where is my incentive to go the section 8 route?

I have witnessed where NEWBIEs are having moderate cash-on-cash returns in TAMPA BAY area.

I do not want to sell, so I am estimating a moderate $400,000 value which should still put me at plenty of equity to get a $50,000 loan.

In the short term the investment was not profitable, in the long run, appreciation and market changes gave me some moderate profit.

Purchase price: $682,500 Cash invested: $71,000 Contributors: Jess Haas Rental Type: SFH(3bd) + ADU(1) + DADU(2)Condition @ Purchase: Moderate FixerStrategy: Reno + Hold

We've been FI for years with a moderate 'luxury' househack and never a car payment. 

Rural areas are typically defined as areas with populations of fewer than 35,000 people.Use: The property must be used primarily for rental purposes and provide affordable housing options for low- to moderate-income tenants.Developer/Owner Eligibility: The developer or owner must meet specific eligibility requirements set by the USDA, including financial stability and experience in property management.Income Limits: The tenants who will be residing in the multifamily property must meet income eligibility limits set by the USDA.