Based on the cashflow, I think it makes sense to hold onto these versus sell but again, open to ideas.

I now have my rent based at 1100 a month!

I have been looking at properties and it seemed like the seller s  based their price on zero percent cash flow for the buyer.

Many times the tenants are income based and pay 20-40% wherein only 60-80% may be guaranteed.Aside from the rent percentage issue is pride of ownership.

Once you have a pipeline, you can refine your criteria and adjust based on what works best for your market and strategy.

The information shared is based on my experience and industry knowledge and should not be considered legal, financial, or investment advice.

We're based in Tampa and, in addition to personally investing, I own a mortgage company that provides financing for tons of investors.

Because you can assume no Section 8 tenant has good credit, my leasing decisions had more to do with meeting each tenant myself to get a gut feeling based on their communicativeness, timeliness to showing, what questions they asked, whether they looked me in the eyes or avoided eye contact, etc.The downside of section 8 was the annual, then bi-annual, inspections. 

Value is based on each individual and they will need to determine if they think there is any value.

I own a LTR in central Houston that I think would be pretty successful as an STR based on the AirDNA data.