Start by clearly outlining your renovation goals, and follow up with an in-person or virtual consultation to ensure both you and the contractor understand the vision for the project and expectations.

Connect with the case worker for that tenant ensure you get a courtesy copy of notices they receive from S8 so you're in the loop about recertification dates, etc.Confirm the information above w/ your State S8 office but I can't imagine they won't allow you to charge late fees. 

You should ensure the property is inspected regularly, maintain climate control to manage moisture and temperature, and address small issues like leaks or cracks early to prevent costly repairs.

I ended up updating the lease to say that thermostat placement is at the landlord's discretion, ensuring it’s in a spot where the temperature reading is accurate and not affected by drafts or constant foot traffic.

Ensure the rents and expenses support the debt service and provide solid cash flow after covering the assumable loan, seller carry payments, and operating costs.Occupancy & Rent Roll: What’s the current occupancy rate?

The ROI is attractive at 16%, but ensure ARV aligns with recent comps given market trends. 

Ensure your flip profits exceed the LOC costs, maintain a financial buffer, and compare it to private or hard money loans.

This is a way to ensure compensation.

The key to success lies in ensuring you're entering the market at the right value.

It also takes 2-3 weeks to invest 10k with Prosper, so it’s not like on day one you invest and one month later you receive $300-320 back, so seems like you would need to be fairly diligent in record keeping to ensure you are using those payments to payoff the high interest loan.