Call it the organization's personality.

These are great for experienced flippers who can handle the tight timelines and costs.Private investing usually involves individuals funding your deal, like friends, family, or networking connections.

Id personally classify those as three different investing areas. 

Hard money would be the easiest and most common route to fund the purchase/rehab.

Besides having a personal friend to mentor you, this is the next best place to learn.

Ie, when the Fed cuts it’s short-term Fed Funds Rate that does not have a direct affect on 10-yr Treasury rates, or 30-yr mortgage rates.

There are conditions that must be met.Also, I believe the taxes are higher in Richland County than Lexington County, but I don't like there, so I don't have personal experience with that.

Maybe its because they barely work, so when they have a hiccup, there is no funds coming in.Compared to the market renters, it is a bit easier to terminate/evict a sec8 tenant because you can basically tell them your not renewing and they try to find a place so they do not lose sec8 funding. 

Depending on how you want to use it (for personal use a few times a year, strictly cash flow or to park some money for awhile), there will be different recommendations.

Let's say the AC or Heat goes out in 60 days, do you have funds to cover that?