When it comes to renting to Section 8 (S8) tenants, there are definitely pros and cons to consider:Pros of S8 Tenants:Guaranteed Rent: The government will pay a portion (sometimes all) of the rent, so you'll have consistent cash flow.High Demand: There's often a waiting list for S8 housing, meaning less vacancy time.Cons:Property Inspections: Your property will need to pass regular inspections, and repairs/maintenance must meet specific standards.Tenant Screening: Just like with non-S8 tenants, tenant quality can vary, so thorough screening is still essential.As for the down payment, yes, most lenders will require 15-25% down for investment properties.

Staying informed on local laws and market trends is essential.So while that 5-star rating helps boost credibility, it’s just one piece of the puzzle.

If you were evicting due to non-payment then the tenant would be advised to apply for impact and then the government would pay for any past rent, late fees, and three months ahead.

(Approximately 13 states have either state Inheritance Tax or state Estate Tax, so that would possibly apply in other states besides PA.)Welfare LiensNursing home liensMechanics LiensMortgages in order of recording date, first mortgages before second or third mortgagesJudgements (once boought a property where there was alien because the owner got in a bar fight and was sucessfully sued for medical bills esulting in a judgemen.)Federal Tax Liens (Special rrules apply to IRS liens)The precedence of pay off is determined by state law, government first, then the rest by date recorded.Then is anything else is left over it goes to the former owner.On one of our purchases there was a big Nursing Home lien that the Tax Claim Bureau was not aware of. 

I would also negotiate down your bills by talking to someone in the government on the phone and/or in person especially about the trash service.

Even a minimalist online presence adds some credibility to your business and lets you build longterm relationships with repeat guests. 

I'm wondering because of the housing shortage if the federal government is offering some low interest loans for this type of development.

If you decide to maintain at least be sure you do a credible and educated analysis on appreciation potential.

Making your investors feel safer, syndications require a government-regulated private placement memorandum (PPM), which spells out how the investment is being set up and the returns and risks involved.On the negative side, real estate syndications are expensive and complicated with quite a learning curve.

One additional idea is to add a provision stating something to the effect of"This Lease is governed by the statutory and case law of the State of Florida.