both LTRs and STRs tend to be more expensive to get up and running than new investors think.

Although many syndicators tend to hide this is some shape form or fashion.

For a turnkey property, in an "A" neighborhood, a reasonable cash-on-cash return might range between 5-8%, since these areas tend to be more stable but with lower returns.

The rates do tend to be a few basis points higher but are often lower than conventional. 

What they tend to realize after the fact though is the higher payments are now mandatory and the monthly cashflow is cut so that you're mainly relying on equity which although likely isn't always guaranteed. 

My primary people have been good at referring others to me generally - like when my handyman was on vacation, he referred me another handyman when I had a need that had to be tended to within a few days5.

In the inner City those neighborhoods tend to be densely populated with residents who own their homes and when there is a vacancy the home is normally purchased and flipped by investors watching the MLS like a hawk. 

That's how many of the larger complexes get funding to buy and rehab buildings,, that the normal small investor can not afford.Section 8 like other government programs has difficult aspects to it to manage, the people on section 8 are like a bushel of apples, some good some rotten to the core, and when mixed together the entire bushel tends to go rotten if the rotten apples aren't tossed out of the bushel.LOTS of paperwork and inspections and the inspectors are just as complicated as the tenants sometimes.

You can also structure the lease so that it comes to an end in spring/summer months when units tend to fill quicker and rents are up but I always make them more than 12 month leases. 

Hey Wale,In my experience, private lenders tend to cost more overall, although they do allow some shortcuts that a main lender does not.