I think the section 8 administrator would have something to say about it.

Think about it this way - did the HOA successfully file insurance claims or did they have to go after the builder?

I'd like to think I have *some* advantage in that the newer units are asking $2450-2800 for rents, whereas I'm happy at $2k.For 3 years I've had not ONE tenant problem.

I think supplying the market with decent places to live at affordable prices is never a bad strategy.  

Great question, and it’s awesome that you’re thinking strategically about leveraging your equity for your first BRRRR!

I think you have been misinformed. 

If you have a larger portfolio of properties this may be worth it if you think this property will appreciate. 

@Derrick Roland II Let's see, traffic noise, challenges backing out of your driveway, have to keep kids in backyard and off front sidewalks, big trucks passing by will shake the whole place, can't think of anything positive.All the negatives will reduce your max rent and make it harder/longer to find tenants.What's more important is understanding if the Neighborhood is Class C or D.

Why do you think purchase contracts are so long and have such small print?

How much value do think the SFR is adding to the 550k value?