I think your biggest concern would be the pre-payment penalty that comes with most DSCR loans.

My biggest issue is that I’m using personal funds as owner contributions to these accounts and money moves from account to account on a consistent basis, so I’m trying to be diligent in proper accounting. 

What was your biggest take away on this project?

Hey @David Griffin - this is literally the biggest issue landlords worry about when taking on section 8 tenants. 

@shay The biggest question  - can the property cashflow after paying for the costs of holding the property?

Now here’s the biggest takeaway:It’s only hard when you do it wrong.The ice cream parlor could have cold-called you any day of the week, and you would have said, "No."

If you clear your head to the idea that it is possible to lose money, but that there are ways to mitigate the possible downsides, you will be much more likely to take action. 

For the most part its just health and safety items, which are items we should have remedied anyways.As someone else mentioned, biggest thing to avoid is having the house tagged as vacant which the city will do if it sits empty for too long (handful of months, grass not cut, etc).

The only possible downside could be the issues in dealing with the tenants that come through THD.

The biggest thing to consider is 85% of all people who take out a Heloc will eventually do a cash out refinance in 3 years to consolidate it anyways.