The system is what's really broken:1) S8 should have a time limit - get free housing to get your life in order and move on.2) S8 should have strong requirements for taking care of the home taxpayers are paying the rent for. --- We haven't seen a S8 inspection report in over a decade that required a tenant to fix damages they obviously caused.

If we buy this loan, we need to have a thorough game plan on how we are going to be resolving this and understanding these dynamics is key to managing expectations and protecting investments.Sounds like a deal more for someone that buys partial inheritance estates and spends years piecing it together than a note investor.  

Would love to have a chat and learn more about it.

We have an accountant with a chart of accounts to manage everything but I do not see why you need one for operating expenses vs. income.

@Tanya Karle Great to have you here!

Everything looks great....one little thing, in your description of 'EXTERIOR', you have a lot of interior stuff listed.

The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.

You get through these things and focus on building forward.

Real estate investing is a team sport and at different points in the game different players will play more important roles.

I'm considering partnering with a non-profit that would manage the sober-living program; with me just providing the house passively for rent on a per bed basis.