You must have helpful Section 8 agencies - anytime I've talked to the tenant's caseworker about issues they just say "not my concern".

Some people just are NOT cut out to be landlords.

I have liquid assets and want to make smart, scalable investments that balance cash flow, appreciation, and low risk.GoalsGenerate consistent cash flow to diversify my income.Maximize appreciation potential for long-term wealth growth.Invest in areas with low crime rates to minimize risk.Reduce my tax burden for 2024 with real estate purchases.My Current ThoughtsI’m torn between two main strategies:Multifamily Properties:Looking at markets like Austin, Raleigh, and Tampa for 10-50 unit multifamily properties.Love the scalability and centralized management, but I'm concerned about high upfront costs and competition.Section 8 Housing:Considering affordable markets like Memphis, Cleveland, or Indianapolis to purchase 5-10 single-family homes.I like the government-backed rent stability, but managing multiple properties across different locations seems intensive.Key QuestionsWhich strategy would you recommend for my goals and liquidity?

Definitely high cost of living, where the median home price is nearing $950k.The first year of house hacking the property I cut my mortgage in half.

STR is another concern, many towns have laws against it but most towns do not enforce these laws, just make sure you are aware of them becuase they can be enforced. 

If you’re buying turnkey, you’re basically paying someone else to do the work and hoping they didn’t cut corners.

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

Ethical ConsiderationsYour concern about ethics is valid and shows you’re approaching this with integrity.

Low insurance" is concerning to me, as Athens gets a LOT of high wind / weather / tornado activity for unknown reasons - they just got hit again last weekend. 

My PM is key to my success.San Diego Condo: This is your biggest concern.