When choosing a location for your first rental, it’s great that you’re considering factors like crime rate, population growth, employment rate, and price-to-rent ratio—those are all key metrics.

**Selecting Properties**: When choosing a property for Section 8, focus on neighborhoods with strong rental demand.

If you’re referring to the “newbies” with $10k to their name that watch a video by Pace and get excited and pay for joining, go out with their last $5k and do a sub to with a “desperate” homeowner without revealing all the possible consequences (because they are unaware of the consequences through lack of experience and lack of knowledge and or choose not to inform the seller) then I agree, it’s probably going to turn out badly for all concerned.If on the other hand you’re referring to a seasoned investor with excellent credit, significant cash reserves, who wants to add a property to their portfolio without going through loan qualifying, and can pay enough to give the seller “walking away” money because of the low existing interest rates and or, and is dealing with a informed seller, then I find nothing wrong or negative about the transaction.  

Therefore, due to the local jurisdiction, sometimes we choose to mutually terminate the lease and write a new one instead of modifying the original by agreement.

Owners who choose this option would likely be those who:1.

A HELOC is probably going to be at least 8% right now, so would you be making more than that on your money if you choose to take out a HELOC to fund the work?

@Sam Sala Can you provide the update did you guys move forward, did you choose to go with other builders, if so who?

Choosing a higher deductible MAY allow you to maximize cash flow, but as you know, every investor's situation is different. 

If I owe $150,000 principal I would choose to pay it over 30 years versus 5 years! 

I feel like having such a low payment and rate make it stupid to choose selling the house, but since I haven't been in this position before, I thought I'd ask here. to d The other consideration you would want to consider is your VA entitlement if you are hoping to buy the next house with a VA loan.