The lender gets $250,000 and I get $250,000.

I didn't think that was possible, but I've had people ask.I think the biggest trick might be not the amount they are getting, but everything else involved.Can they get a mortgage with a payment for what they're getting in the voucher?

I have a traveling nurse ready to rent  it “as is” too as an option. 4bed 2bath with 2 additional rooms needing egress in the basement. $115k 

I am trying to get out in front of as many names as I can. 

Did you ever get any responses or feedback on this one?

So as they get priced out, they have to go somewhere.

With Proposition 33 potentially getting voted in, does anyone have the intention of looking in other areas such as Georgia for investments? 

It took maybe a week or so for us to get our approval for our two cabins

First, if you're getting $75/month in CF ($9k/yr), and you put $110k in cash in, your CoCR is 9%, not 9.5%.Second, and this is the number that counts (% mean nothing, and will lead you to illusions), if you're getting $9k in cash back/year, and you put in $100k in cash, it will take you (if all goes perfect) over 11 years to recover your cost (cash). 

The last full septic I did in NJ was 42k including the leech field and everything new.Most towns get sent a septic inspection these days and will require that it be done.