typically we do not provide frigs. sometimes in low income properties we have to. in that case used is 100% the way to go. the water and ice makers are the major issue we have with frigs. so try not to have those if at all possible.

I’m looking for guaranteed income using Section 8.

They can't compete on a cost or rental rate basis, unless supported by a large corporate office for price reductions.3. 

Anyway the point on the land basis is if you have a very low basis you have just now subjected your land equity to ordinary income and market risks on top of it.Plus personal risk on the loan if it goes bad do you have the money to pay the first off if you need to.  

Also, I would have probably gone crazy giving up control and leaving my retirement funds to the whims of corporate CEOs that mainly have their own self interests at heart.

Yes, it's counterintuitive, but the lenders want proof you can make a payment on time consistently.They will allow your monthly mortgage payment to be about 35% of your total monthly income.

The second question to ask is can I be successful wholesaling ,  what are the true income possibilities, what are the time commitments, etc.  

I'm determined to increase my income so I can invest in multifamily real estate, but I'm hitting roadblocks due to various limitations.First off, I'm the primary caregiver for my father, and his ongoing medical expenses are a significant financial responsibility.

If losses/gain/income are small, from practical purpose, maybe not file.

I've had my share of low income experiences to never ever rent in an area where I have to collect my rent with a baseball bat unless a unique section 8 opportunity.