When it comes to renting to Section 8 (S8) tenants, there are definitely pros and cons to consider:Pros of S8 Tenants:Guaranteed Rent: The government will pay a portion (sometimes all) of the rent, so you'll have consistent cash flow.High Demand: There's often a waiting list for S8 housing, meaning less vacancy time.Cons:Property Inspections: Your property will need to pass regular inspections, and repairs/maintenance must meet specific standards.Tenant Screening: Just like with non-S8 tenants, tenant quality can vary, so thorough screening is still essential.As for the down payment, yes, most lenders will require 15-25% down for investment properties.

Be sure to thoroughly calculate rehab costs.

Best,DragoHi Drago,Thanks for sharing such a thorough approach!

Being thorough in setting up and researching will definitely set you up for success.

You mentioned you're open to multifamily properties, and Indianapolis offers great opportunities for cash flow with lower upfront costs compared to markets like Seattle.Vet turnkey providers: Make sure to vet the provider thoroughly.

@Peter ChristensenIt is great that you are being really thorough with your tenant screening.

There is so much that goes into it, but previous answers are very well thorough and great responses.DSCR is the way to go if DTI is an issue. 

You also need to have a thorough understanding of who is traveling to your area and why so you can make sure your property is suitable for travelers.

@Solen KebedeTo manage a house-sharing property effectively, establish clear communication channels with tenants, automate rent collection, create a solid lease agreement, have a local support system, screen tenants thoroughly, use remote management technology, plan for vacancies, consider professional management, and prepare for your move.

Then there's other factors to success especially in a heavy lift like this, some of the most important in my opinion are Being on site regularly to manage the contracting processHaving a lot of cash reserves - 'a lot' imo would depend on how thorough your current bids are and how old the property isYou mentioned it's bleeding cash now, whatever your timeline is for the property bleeding I'd double it and see if it still makes sense.