Hi EdwardThe main benefits of section 8 include guaranteed rent payments from the government, which can provide a steady income stream and reduce the risk of vacancies or non-payment.

Run a credit check, which will include her address history and the dates she lived at each one. 

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Like I said earlier, I am new to the game but learning as much and as fast as possible.

@Quan Pham have you investigated at all the potential increases in property taxes and home insurance (need to have landlord policy) and included them in your cashflow calcluations?

I think it has 3,000 games.

Real estate is a long term game once you understand that it gets easier my friend .

I was reading up about it, and saw that the cons of oil heating include needing to top up the oil supply, lower efficiency (than gas and electric), and potential leaking of tanks leading to environmental issues.Is anyone familiar with oil heated homes?

The risk of "piercing the veil" applies more to LLCs when personal and business finances are not properly separated, not necessarily to individual landlords renting a portion of their home.A more practical approach is ensuring you have a solid lease agreement, sufficient liability insurance (including an umbrella policy), and properly reporting rental income and deductions on your tax return (Schedule E).

K1s show your share of income or losses from the partnership, and you include it on your respective personal tax returns.Now, to your partners.