You might be better off that you learn more about  partnership memberships where you stay in control and just offer them income without being into working on the property's day to day operations. 

I like accrual as the operator myself makes paper work easy and helps with your cash flow.

Hi Angelo, we operate a property management company with about 400 units in the Greater Nashville area. 

As far as the actual logistics of it, a small loan like this can be as simple as a couple of pages, though the content of them may vary a bit from state to state.

There are many options available that can get you 7+% return on average per year, one of them being investing passively in large apartment complexes with experienced operators. 

Today not many bank owned properties and even it is they're ok with it as long as you can provide operating agreement and articles of incorporation to ensure arms length transaction.

The official term for SEC8 is the Housing Choice Voucher - with choice being the operative word.  

@Matt Gilroy  I live and operate a residential property business in Washington State.

Without too much effort (and after quickly responding to and fixing some of the things that needed improvement when just starting out), short term renting on Airbnb ended up covering our breakeven costs for those 3 months.Last week our daughter and the other students moved in, so the house is now operating in student rental mode. 

In your area look for the potential economic drivers that are operational today that may attract outside investment.