This is not my first huge rehab so I am ok with that and the price.

Has anyone dealt with section 8 renters before and if so what are some red flags that I should keep an eye out for?

We call it Buy Right Finance Right & MANAGE RIGHT.

Hey BP fam, I have a property that desperately needs a way out,The property has been on the market for a little bit, sellers just recently bought the property so they don’t have much equity. immediately I thought, subject too until I saw they had a 7.5% interest rate.

I’m trying to get my first HELOC done so I can continue to acquire more doors. 

So it’s about $250 a year going forward.

This is also my first rental, so there are many unknowns at this point.

Explain to them your plan and see if it is something that would be entertained and if so what the process will be.

Pretend there are no closing costs, etc, so they just have the $200k that they’ve been eagerly saving for years to buy their $1M house.

My recommendation would be to partner with Realtor for referrals so you can spend your time on what you do best.Either way, with your criteria being so specific, you'll likely end up with quality leads and an additional income source!