Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

There are loan programs specifically for Virginians.https://www.virginiahousing.com/enGood luck and Happy 2025

First, ensure you’re working with a lawyer experienced specifically in landlord-tenant law in Massachusetts.

@Jill Young I may have a product that can work for you depending on the property specifics. 

I’d love to hear more about your experiences over the years.We are specifically looking to purchase single-family homes in the $80,000–$150,000 range and are considering renting them through Section 8.

Any tips on what to screen for specifically?

You can call suppliers, but may need very specific details to get a meaningful number.

I have talked with a few MTR specific investors recently who are transitioning their properties to long term rentals because they are sitting vacant.

I sold that in 92. next iteration was 2002 when I started a new lending company in Portland OR to specifically fund Turnkey buyers in the mid west doing BRRRR loans we killed that.

Hey @Megan OConnor, I can't comment on the area specifically but it is doable.You need to search AirBNB and VRBO to get a look at the competition (don't forget to look at VRBO)You have to work into your plans the downturn during the off season.