The company could attract new talent to the area, adding to the already competitive housing market.https://www.bizjournals.com/au...

The  suburbs of Cleveland don't see much by the way of new development, so we're looking for a unique product that offers residents attractive rents and a comprehensive amenity package. 

long term plan is to keep the house, do a heloc to take out enough to buy a 4-6 MF income producing property in a different state where i grew up OR just outright sell the house in one or two years. thoughts?

I know I need to start this process because my current cash flow is low and there is significant equity that could be used to produce more cash flow in a different property.  

The traditional rental has a nice return but my student strategy will produce a higher return, albeit with more work.

Since rates are so low, I'm thinking I could leverage this opportunity to purchase another income producing rental.

First set of plans took me some 3-4 weeks to produce.

The problem with a short-term rental though is that it's tough to determine/figure out the income producing potential of the subject property.

But if it's in the outskirts of Dallas it could be hard to reposition the hotel to a NOI producing investment.

You've got a good bit of feedback here that covers that gamut of what you generally hear around Section 8.I like it for guaranteed rent, long tenancies, higher rents in some areas, added accountability through the S8 program for the tenant and supply/demand gap which means I can attract great tenants by having nice units.A large number of the issues you hear around Section 8 can be fixed with excellent, thorough and strict screening, including a home visit at their current residence as the last step of your process.