Be prepared to put at least 20-25% down since you would be considered a first time flipper. 

Clearly, I will find a CPA but I'm trying to get ahead of the game and prepare all the things I'll need for tax filing next year. 

It was worth every penny because now I’m properly organized and it significantly cut down the amount of time it took my accountant to prepare my taxes.

Plus a lot of things can go wrong that you're probably not prepared for.

She has stuff in there, she doesn't want it prepared for the next tenant, she is not cooperating, forget about it.

Quote from @Daniel Loane: Hi everyone,I purchased my first rental property in June 2023, and it took until December to prepare it for tenants.

So when your payment goes up $1000/month next year you want to be prepared for that. 

Section 8 can provide a steady and reliable source of income from government-backed rent payments, but with that said, make sure to do your research on the local market to ensure demand, and be prepared to meet the property standards required by the program.

Take your time, explore your options, and negotiate the best deal.As they say, "Opportunity knocks for those who are prepared."

This will require a set of professionally prepared loan documents.