Keep solid records of every rental money move, get cozy with the right tax forms, and think about making estimated tax payments throughout the year to dodge penalties.

I've looked online but couldn't find a lease that has anything about not being able to claim ownership of the property, most were focused on rent payments which I'm not concerned with.   

Didn’t need the equity for a down payment of new house and it’s in a great area that could produce significant cash flow.

We agreed on a section 8 tenant stabilization plan, and after their first full month of taking over, here's how we're doing: Total Properties: 11Total Rent To Collect: $10,240Historically, under Own It Detroit (Mutual Property Management) -- monthly totals of rent collected on the first and before the 5th was typically $1200 LogicPM has inherited tenants who for the past 6-8 months were told as long as payments come in before the end of the month, partial payments included, you're okay.

Current UPB of note: $21,544.08I sold 90 payments of $300.15 for $20,000.How do I record this???

Although FHA loans need little down payment, there may be a higher interest rate.

The dollar you spend on ADU will be sufficient for the down payment of SFH in south or midwest.

You could use the money towards a down payment on a new property.

Rarely covered in the version that's turned over, but important edits will set expectations, payment schedules, and includes specs/allowances.

Rental assistance/payments will begin the date the property passes the inspection.There are landlords that do not like the Section 8 program or want to be involved with it, either due to a bad tenant experience (which can happen in or out of the program) or simply from stereotype or ignorance of the program.