Another thing to consider is that Orleans parish includes higher rates for sanitation of other added fees that guarantees an $100 bill, depending on how many units you are being charged for, even with zero usage.

This will guarantee less issues, positive reviews, and no stress in having to fix, maintain or repair the property during the busy winter Holiday season.

Even the nicest apartment cannot guarantee that someone will want or be able to pay the premium to live in it.

I can't say it's a guaranteed way to find a deal, but at least you will gain experience.

It's no guarantee but it's a good place to start.

Be weary of guarantees on the STR loans, even though it's a tried and true business model, lenders will be conservative since these loans aren't as desirable on the MBS markets. 

Depending on your specific situation, the details of your property, and the type of investment you are interested in, Section 8 housing may or may not be the best choice for you.Advantages of Section 8 Real Estate Investments#1 Stable and Guaranteed Rent Payments: One of the biggest advantages of Section 8 property investments is receipt of stable and guaranteed rent payments from the government.

So there's a guaranteed rate of return right there.I looked at the loan as just another asset in my 401k that was paying a guaranteed interest income at a guaranteed rate.  

He most likely will have a personal guarantee on that loan.

@Imran Ahmed Commercial loans for 5 units, even in an LLC almost always require a personal guarantee.