We also had a transient tax and municipality as well.

Overall, Section 8 is a good way to get some pretty reliable income to get the property cash-flowing, provide additional experience, as well as with the required annual inspections, make sure your property stays in a good condition! 

I’d love to hear your thoughts, especially if you’ve worked with midterm rentals or know the Portsmouth market well.

I would go the VA loan if you can, no pmi will help your debt ratio as well.  

However I do not have access to their MLS, as well as I am unable to service that area effectively for my clients. 

These are great programs to use and NY offers a few as well as a couple of Nationwide DPA's and grants.

However demand is very high, especially for section 8 which also doesn't pay very well because government funding is one of the lowest for Puerto Rico.

Different areas have different metrics that decide how well they are doing.

(well you said "negligible".

And then you argue with me saying that I don't know all the details (as in, well, these days even a man can get pregnant.)