Most S8 tenants have a history of bad decisions and from all that, many have only learned how to game the system.We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher and pretend to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.

But progress comes from embracing those mistakes and learning from them.

And the faster you want to try and make that happen, the more willing you should be to embrace that discomfort. 

Again, sorry to hear that and hope that you're able to preserve some capital and embrace these lessons for future decisions.All the best.

Thank you,Aamna Hi Aamna - MTRs are certainly a newer thing and most DSCR Lenders (and pretty much all "conventional" or bank lenders) will be slow to adapt, however the more forward thinking DSCR loan providers have embraced it.I published an article here on BP just last year on the "next developments coming in 2024 for DSCR Loans" and MTR qualification was one of the main ones! 

If you're playing the long game embrace it and believe in your market.  

Embrace the suck!

Embrace the journey, have some fun along the way, and get ready to see your personal brand take off!

Some examples of this include being able to embrace the “AirBnBRRRR” strategy (i.e., not requiring a long-term lease for the “rent” portion of BRRRR before approving the refinance) or allowing investors to borrow in an LLC or other creative structures.

Adapt and Pivot as Needed Embrace Change: Great leaders are flexible and quick to adapt to new challenges or market shifts, leading their teams confidently through change.