I told him the truth.When you begin to deal with the truth at hand you'll see how easy it can be.That's the difference between a professional business person and a street corner wheeler dealer or a strawman who has to act unethically and decieve to be able to operate simply because they lack knowledge and skills.

I am also a small car dealer and sell a few cars a month.

There are six section 8 units down the street from us; 5 of those units are quiet, hard-working adults with young kids who behave BUT ONE unit has a family of the stereotypical section 8 tenants - they let everyone stay with them, there is trash all over their yard all the time, they usually have broken doors and furniture in front of the unit on a semi-weekly basis, and they even allow drug dealers to use their yard/corner for dealing. 

@Jessica Zolotorofe thanks I will add you to my contact list for future dealers. 

What if that tenant turns out to be a drug dealer, doesnt pay rent etc.. etc..

I found foreclosed mobile homes for sale form a local dealer with minimal rehab.

Quote from @Matthew Irish-Jones: @Roland Manlapig the BRRR strategy is a great investing strategy, but it takes a lot of experience. 

But so many are talking about "flipping" these days and I think there is legitimate concern when an investor is using this vocabulary that even if they hold over a year there is a risk of them being perceived as dealers not holding property for productive use.As with most everything these days, due to the relatively few number of audits there isn't a great bank of case law yet on "flippers" who hold property over a year.  

Start applying these basic direct response advertising standards to your real estate investing business today and you'll quickly see a change in the quality of tenants, partners, moneylenders and dealers that you're pulling in.

If your business plan has a goal of flipping SOME properties in order to raise capital for your long term investments, then the flips are not considered "dealer" properties and you can take advantage of tax benefits designed for investors.