Can you check with the city and see how many units you are allowed to have?

Will they allow a commercial or non-confirming use?

The interest only payments and rehab funds would allow you to convert the property as desired.

What if there is a storm and the roof needs to be replaced and someone needs to pay the deductible?

The fees are all flat and range from $20 to $50 per violation.Rent Late Fee ($50), NSF Funds Fee ($20), Guest Fee - for guests staying more than 14 days ($5 per day), Unauthorized Occupant Fee ($50), Unauthorized Pet Fee ($50), Smoking Penalty Fee ($50), Smoke Detector or CO Detector Tamper Fee (Up to $200) [we charge $50 first time, $100 second time, $200 third time- this is allowed by our state law], Posting Fee - for posting legal notices regarding lease violations ($20).

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

House-hacking of some kind in Denver will allow you to buy with less down and get most of your payment covered by others, allowing you to save for the next. 

I'm wondering how people go about leasing their section 8 properties when max rent allowance for a zip code is significantly higher than market-rate (non-subsidized).

There is also an up to $25,000 allowance if she doesn't quite meet the material participation threshold, but is still considered to actively participate.