Organizational Delays: Section 8 offices are often overworked and understaffed, leading to slow processing times for new tenants, delayed rent increase approvals, and poor responsiveness.Benefits of Section 8:1.Long-Term Tenants: When you get a good tenant, they usually stay for a long time because of the tedious process required to qualify for Section 8 housing.2.Consistent Income: If Section 8 covers most or all of the rent, you typically receive reliable monthly payments, reducing the risk of non-payment (as long as there isn’t a large tenant portion).3.Lower Barrier to Entry: Because properties in these areas are often more affordable, it’s a good way for new investors to break into real estate without needing a large amount of capital.Overall, I’ve seen the good and the bad of this strategy.

Our office houses realtors, wholesalers, mortgage companies, contractors... 

Consultants, inspectors, and mentorsProperty managersAssistantsBookkeepers, accountants, and attorneysLandlords if you rent your office spaceYour business partners if you paid them (except if they were strictly lenders)Disclaimer about wholesalers: it is a controversial issue, with some of my colleagues claiming that wholesalers do not need 1099s.

Work out a fair revenue-sharing model, such as a flat lease or percentage of profits, and consider hiring a property manager for oversight.This post does not create a CPA-Client relationship.

That unit can either be the one the homeowner chooses to live in or it can be one they rent out for revenue or to offset a portion of their housing expenses.

So I contacted the tax collectors office and was told there was a legal loophole and that since the building had been owned by a non-profit for part of the year it would receive tax exempt status for the full year.

If you don't mind a little more management, renting by the room and midterm can bring in a lot more revenue than renting just the basement or other unit if you get a duplex. 

However, I don’t have a US-based W2 (but work full time for an American tech company in their London office). 

Assuming I will be doing more than 3 closures per year, should I just go ahead and hire a licensed/bonded loan officer to do my loan originations as RMLO?

A brief inattention with horrid regs and horrid regulators (talk to small community bank officers & owners privately & with alcohol.