These areas tend to attract more reliable, long-term tenants who are usually more financially stable and take better care of the property.

They won’t offer financial advice or specifics about what they think you should do but are there to answer questions and help you look at things from different perspectives.

Sad, as I am sure I would like the views and the area, but it makes perfect sense practically, financially, and legally.Just curious but what color is the sky in your world John? 

You have a “full” package including property(s) identified, acquisitions under contract, appraisals performed by MAI appraisers, historical financial statements, pro forma projections, surveys, title reports, feasibility studies3.

This is a picture was taken 2 days ago by my contractor in front of my property.So long story short Derek, there are more than just financial returns as to why people invest.  

Often times, their approval processes are slow.Credit Unions - Their member structure also subsidizes their financial structure so they can also be a source of low-cost financing.

CA has no financial capacity to fill that void, not a chance.

Retain a cash reserve to cover vacancies or downturns, and align with your long-term goals by consulting a financial advisor.

You could have hired a PM and been financially and mentally better off.

Starting out in Section 8 housing may be a rewarding experience both financially and socially.Good luck!