Omg, the government is so smart.

You probably think Section 8 sounds easy because the government pays you, but that's not how it is.

The government saw the housing bubble and changed guidlines with fannie and freddie to make the 10 down / 2nd home loan product very expensive (about 4 points to close).

City government under new Mayor administration is already showing signs of improvement over past administration which is encouraging as well. 

Earlier this year, the government did not renew or pass any law to extend bonus depreciation back to 100% after 2027, so the current phase-out schedule remains in place.In the meantime, I would recommend doing some tax planning to assess where you stand in terms of projected tax liability for 2024.

I just can’t see handing the government 30-40% of that 70% in taxes owed.

They argue that tenants wouldn't want to lose their government-supported housing, so they'll be good tenants.

Those hassles of dealing with an inefficient government mean less competition therefore higher returns.

It’s just 7 miles from the beach, 2 miles from a large new hospital and medical campus, and within 2 miles of the county government offices.

**Community Investment Program (CIP)**: Some local banks or financial institutions partner with government programs to provide low-interest loans or better lending terms for landlords who participate in affordable housing programs like Section 8.