I love it for the guaranteed rent, tenant stability, additional accountability with the housing authority and large demand for Section 8 housing without enough supply.With strong screening, I'm able to find great tenants and Im not owed any rent.Cons you will often hear is that the tenants are harder on your properties (doesnt have to be the case in my experience if you screen really well), the Housing Authority is a pain to deal with (this depends on a couple things - how well run your local PHA is and how good you are at handling process & details) and the extra inspections/red tape make the niche unprofitable (see what I said above about Housing Authorities).Done right, I believe Section 8 is one of the most stable & profitable. 

As such, one of the things I enjoy doing is doing deep due diligence on deals and sharing those deals that pass with everyone to make it easier to take that first step.

Hi y'all, So I'm just getting into real estate, I have an LLC set up and will be closing on my first deal in a couple of weeks, a $68,000 single home.

The people involved in the transaction may know the lender and their reputation to close deals giving your offer an advantage.

If the existing renters are month to month, are there any best practices to recommend when acquiring/closing on the deal?

I’ve been learning about wholesaling for a couple months now & I’m starting to look for my first deal.

Kansas city flip  Long time client of mine over 100 deals I have funded for himfor my investor  in this deal its deal number 70 for them. 

Also, for short term rental owners in general, how do you find the necessary numbers to underwrite deals?

You guys think this is a good deal?  

At this point either find another lender with lower fees or just deal with the costs of closing.