The amount of time depends on how things work in your area.

Sourcing and acquiring deals these days is a little more complex than several years ago, depending on your connections, resources, etc. 20% equity hold for all of the work you'll be going sounds slim.

The seller can disappear from contact over time and not be available when you go to sell - you need their assistance oftentimes depending on the lender.12.

Flipping could be good too, but it depends on the market.

The type of tenant the property attracts will depend partly on the location of the property (e.g., Is it in a trendy neighborhood, or a more working-class neighborhood?

Or does it depend?

Even though they cover all the costs, you'll still have to pay for closing expenses, about 3-5% of the loan amount.These loans are better for people who know their way around real estate, not so much for first-time buyers or those new to this game.Talk to a money expert, check out different lenders before you decide, understand all the risks, and look into other options like FHA or VA loans—they might be a better fit, depending on your situation.

Here's my advice: Section 8 isn't inherently good or bad; it depends on your comfort with risks, your experience level, and the specific property.

should be able to build the spaces in 6 months or so depending on weather and how good your underground guys are.

@Wenai Ji  I usually pro rate but it depends on what your lease says.