Also, do you need to be in a certain trade/profession/military to be a member?

The trade-off might be worth it in order to avoid this problem in the future.

Simon, Here in FL its much easier for us because we know a few things:1) The U.S. is severely under supplied in housing units. 2) Tons of people are moving to Florida everyday which makes point #1 even more drastic for us. 3) Interest rates are preventing people from selling their homes, because then they would need to re-trade for a higher interest rate buying a new home, which is creating even more housing demand.So with this knowledge, now we move to more market specific data, which is what I talk about in the original post.If a market shows decent growth and demand, then it all boils down to the numbers.Its important not to forget about any costs though.

then ( at least in Oregon) contractor would sue lot owner for unjust enrichment.. and lot owner ends up paying double for many of the trades..

After finding a  suitable borrower to place your money with, but before the money trades hands, be sure to underwrite the deal thoroughly.

They will likely also help you in discussing options with your tenant base.As other noted, you have options and they all have trade offs.  

I have sold some properties about 10 years ago that were in lower-income areas and traded into above-median areas.

For larger jobs we will trade 2 months of rent.

With a brand new W-2 job in a different trade/profession, you may need to be in that new job for 6 months.  

In our24 years of experience, managing almost 100 S8 leases currently, the average S8 tenant has a FICO under 580, numerous collections from utility & cell phone companies, doesn't want to pay a security deposit, much less an application fee and claims they don't know how to fill out their S8 paperwork despite being in the program for several years - hint: they want YOU to do it for them.Most, not all, are eligible for government assistance due to a funeral-march of bad choices.REALITY: you are trust trading one set of problems for another.You can succeed with S8, but you need to understand the challenges and plan accordingly.