The property is a brick 2 fam 4 br/2 ba, purchase price was 25k paid for by me, the rehab is about 25-35k (still in progress) the arv has been quoted between 90-120k via r.e. agents. here is what was sent to me by the lender Loan Amount:    Total loan amount of $63,750 or 65% of After Repair Value, whichever is less (Subject to appraisal, inspection, applicant interview and additional underwriting.

Here’s my naive 22 year old take buttt I would say buy whichever asset flows the most cash.

You will spend a ton of time getting clients (through whichever way works for you, your business your rules). 

Unpaid cell phones, utilities, credit cards, etc. are signs of a life of chaos. 

Whatever route you choose is good, assuming you have educated yourself enough to know exactly what you are taking on...whichever way you go. 

This often dictated more than 1 trip...I'm sure some warranty companies are different, so shop around if you're going to get one and the latest online reviews for whichever company you select.

They could structure the investment to be 10% of your home equity, growing at 0.3% per year (and they Amy assume appreciation would provide another 0.2%) or 10,500 in equity after the first year and increasing by an amortization table, whichever is greater. 

@Jennifer DarbySorry- read it, and it does.I operated and still quasi- operate (grandfathered) under a 1.5% or CPI, whichever is greater, rent control.

The best thing to do is to contact your local housing authority (or whichever agency administers the Section 8 program in your area) and find out how they work.

Whichever has the biggest yield and is the smartest decision for the two of you.