Section 8 is a program where low income tenants receive government assistance for paying their rent.

Learn the 6 CA ADU regulations at least enough to know them at a high level. learn the costs of ADUs.

. - Try to get your property manager or realtor to aim for Section 8 tenants, as these tenants are really recession proof, given the government pays for most of the rent. 

I think the 5k you are talking about is the tax credit 10k max per employee 50% credit and you can't take any government funds to get this from what I quickly read.

It looks like it’ll fall through because as I’m told the government isn’t available to finance sub prime loans at the moment and there aren’t any private investors available.

Section 8, disability, social security all get government funds.

I can't post the link due to BP regulations but if you search my name the video is called "8 Steps for Buying a House."

@Cole Rollen, @Greg H. is correct about there potentially being an issue with getting a government backed loan that has the cheapest financing (meant to help Americans afford to get into a primary residence) and then using it as a rental.

And to jump on this bandwagon, you should determine that BEFORE the question is ever asked.Find out if your City or State has any regulation on this.

Your Operating expenses should include utilities, property management costs, property taxes, other government fees, repairs, and anything else to run the property.