My experience (pre-Covid) with section 8 was there were A LOT of people searching for homes with their vouchers but a shortage of landlords either qualified or willing to accept Section 8 tenants.

At a tax sale in fall 2014, one conglomerate bought over 6,000 properties as a "blight bundle". 

I know there are some horror stories out there but these stories can vary depending on how the investor/landlord handles the process.

Also one allowing you to review the documents (rent roll, P and L, Tax returns, insurance claims history, 3rd party agreements, leases) which allows you to terminate the contract if you are not satisfied.

@Tracy Graham, for a flip that would probably make sense, but for a BRRRR it probably depends on the type of rental.

I this era of high taxes, insurance, and historically normal rates (notice I didn't say high rates as they are currently somewhat the historical norm), it's hard to do a higher loan-to-value deal and get the rents to cover the PITI + any HOA.

Compared to the recent pricing peak in May 2022, single-family home prices in Austin are down approximately 11%.For some broader context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:As you can see, pricing in Austin is still substantially above pre-pandemic levels.

I can't speak too much to North Jersey but I will say the higher taxes make it tough to have numbers work in your favor up there.

The material participation column would be read-only and change depending on the dropdown.

(To see if you can sell tax free.)How much money do you have invested and how much are you making in cashflow and mortgage pay down.