If you don't have income, the IRS will probably catch up with you on filing tax returns for a business with deductions but zero income.However, if you don't care about your corporate veil and don't care about claiming your expenses as deductions (remember, nothing says you have to...), then go ahead --- is my layman's opinion. 

  $6k deductible and no treatment (substance abuse) or pregnancy is covered for less than $500/mo.

It's stuck in a Catch 22 endless loop.

I always felt as if there was something I didn’t catch…but just one of my investors are on property number 4 like this now. 

You want your guy catching it before it gets to the IRS. 

Love the road, it has a middle turn lane, so you catch customers both ways.h. 

Those Landlords that are so tight on money will chose whomever can come and give them cash now so that they can pay their bills tomorrow as they have no reserves to float it for 30 days when Sec 8 catches up with everything.Of all the tenants that I have had on Sec 8 over the many years the only real problems I have had are with those tenants that game the system.

You need to put in the work.We've got to catch up Brian!

The only catch is that you can't put any of the four units back on the rental market for a period of five years.

Though it is a negative cashflow move in the short term, I fully anticipate rental rates to catch up to the expenses in about 3-4 years and break even monthly.