Filling vacant spaces in your communities can be a huge pain!

It popped back up on Redfin this morning, however, it did that a few weeks ago and then disappeared.

Am I comfortable with the risk of the syndication deal and I am informed enough about the risk that if all the money disappeared, it wouldn’t be a deal breaker financially for me and my family?

I love hearing insight from hosts who have solved this common pain point.

What are you going to do when your tax forms are late at the end of the year, what happens if the lender dies, disappears etc.

Being close to expiration I’m going back and forth on what to do.This tenant has just been a pain.

Which to me is fine but respect my time tooI received an email from them (not even a thank you) but letting me know where they invested and then asked for another call if I could review a ppm with them and if I could give them names of other sponsorsLet’s just say I may have “accidentally” hit delete and oops that email disappeared.

I will say there are a FEW wholesale lenders that are a pain to work with but it comes back to the rep not knowing or the lender taking their sweet time to review a file.

I unfortunately feel 100% of your pain

I love it for the guaranteed rent, tenant stability, additional accountability with the housing authority and large demand for Section 8 housing without enough supply.With strong screening, I'm able to find great tenants and Im not owed any rent.Cons you will often hear is that the tenants are harder on your properties (doesnt have to be the case in my experience if you screen really well), the Housing Authority is a pain to deal with (this depends on a couple things - how well run your local PHA is and how good you are at handling process & details) and the extra inspections/red tape make the niche unprofitable (see what I said above about Housing Authorities).Done right, I believe Section 8 is one of the most stable & profitable.