We've been fortunate that it has been outperforming the expected 7% year over year. 

.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

t happens, and it usually happens when one least expects it. 

I read in the thread he has do reno 5 of them as well, hmm I wish this poster all the best, Someday when I grow up I will be like youAll the best  it maybe a bit much but at least your prepped for it and if you do better on some of them then thats fine but expecting these type of assets to perform with section 8 tenants over the years as he has stated is just dreaming.  

It's easy for people to say it's a scam because they expect to magically make money and when they don't they ruin the possible experience for others.  

So, make sure YOU understand the copy & paste info below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

We also have a chart to show the expected discount.   

I'm sure it's a little more efficient in larger cities, but my market requires up to 60 days to get approval.Lower your expectations with Section 8 tenants.

If you’re expecting a coach to do the work for you, you may end up disappointed.How to Decide if a Coaching Program is Right for YouBefore investing in a coaching program, ask yourself these questions:What are my goals?