The guaranteed income can make things a lot more predictable!

Don’t forget the personal guarantee.

Some HOAs might carry insurance for "loss of income" due to such situations, but it’s not guaranteed across the board.

Tomorrow is not a guarantee.

Does your manager offer a placement guarantee, where they cover the cost of eviction if tenant doesn’t work out?

The most recent job fair featured over 20,000 open positions.In ConclusionWhile nothing is guaranteed, the combination of population growth and limited land for expansion virtually assures that prices and rents will continue to increase.Thanks for reading my post.

And it can change each year.I literally just had a tenant's portion go from ~40% to 100%... that means they completely lost voucher coverage and are on the hook for their entire rent.People don't seem to understand that S8 rents are not guaranteed.

The flip side I've noticed is they're usually personally guaranteed which may or may not be a deal breaker for people

It's no guarantee but it's a good place to start.

The upside is, even with a personal guarantee, the mortgage will not show on your personal credit report.Lastly, in both, while LLCs do offer a level of protection, which is certainly valuable, they also require more work.