If you go with this option, I would recommend having an exit strategy to refi out of the HML into a loan with better terms.I hope this helps.

This does involve more work and your strategy might adjust slightly but it can be a good fit if it's a bunch of nurses, tech workers, blue-collar etc...

@Craig PeckLove your strategy, either way makes sense.

I want to explore Section 8 as a RE strategy

Data after line 10 would be calculations only and no need to input data since they are formula-driven.I am happy to share once complete but also wanted to poll other passive investors out there to see if they have a similar tool they use to look at two different style syndication deals side by side OR if you feel any criteria should be added to the list below.Thanks in advance.

Do you have a good way to collect this type of data (Vacancy rate, Typicla FICO score, trade lines, etc.)?  

Whether you're considering hiring a property manager or managing the property yourself, there are various strategies to ensure your investment remains profitable and well-maintained.

Love the idea of asking AI to compare and contrast strategies. 5 years ago I would have rolled my eyes or even downvoted such a topic, but the reality is that in the year 2024 AI is an incredibly powerful tool for gathering objective information to make decisions.

Agree the idea that one can live off of rental income long term is nice but not too common.to me passive income is a place holder to allow you to control the property while is goes up in value over time and once that happens then decide if its a keep or roll into something else.So to me  you either make transactional income in the RE bizz while you grow your passive portfolio or you keep your chosen career while you grow your passive portfolio.The idea that Hey I get to 10k a month and I am quitting and will live the rest of my life on this money to me is not a long term strategy that will play out.. 

If you're not currently listening to books educating yourself, I'd start today.A few I'd highly recommend...Buy, Rehab, Rent, Refinance, Repeat - The BRRRR Rental Property Investment Strategy Made SimpleFLIP - How to Find, Fix, and Sell Houses for ProfitThe Book on Flipping Houses How to Buy, Rehab, and Resell Residential PropertiesThis book is not currently available on Audible but a must readThe Book on Estimating Rehab Costs - J Scott