Before government got involved (just like everything) it used to be something useful . but now anyone who is looking for a job, needs that useless piece of paper that says they passed college

I did the Marketplace Homes "6 Years Guaranteed Rent" program and moved out to Knightdale.

To learn more about the program overview, requirements and policies please visit: http://development.ohio.gov/cs/cs_ovff.htm

Right now houses are cheap, money is cheap, and there are tons of assistance programs so we are likely to not see any major increase in home purchases as primary residences in the near term, and in fact if the market becomes tighter in terms of inventory, lending restrictions become tighter, or interest rates rise then most people would expect a decline in the number of home purchases as a primary residence. 

The only case when it can be used is when its a full time care taker who is there to help a disabled home owner and the home owner receives an subsidy from the government.

So often times newer note investors likely do not qualify for lending programs that do take loans as collateral.  

Find, buy as residence and live in, fix, then after a year rent out... that's acceptable for government money.

I remember an old guy out of Denver who had this niche called the 'help program'.

This report became our scope of work and a critical part of our investor program.  

I have been researching lending options and I may be going with the [whatever loan program at whatever bank] but I am open to other options if they can refer you to someone who may have a better deal."