If you set standards and stick with them, you'll catch shenanigans like this.The policy should be that every adult passes your screening, period.

Has anyone dealt with section 8 renters before and if so what are some red flags that I should keep an eye out for?

It’s the city limits of incorporated Blue Ridge that you can no longer get an STR permit 

@Jason Foster Catching up here - but I am very interested in working with Oxford House within South Florida.

However, here’s the catch with roofs: if it gets to the point where wind or water can creep in, small leaks can become big problems fast.

If the market slows down even just a little...catches a tiny little cold...you will lose all your money and the lender will likely take a loss also.I ran a distressed debt fund for 5 years, DO Income Fund, and we had hard limits when buying distressed debt.

Everything seemed great, but there was one big catch…The catch was that, despite bringing in dozens of leads from that keyword, IT SIMPLY DID NOT CONVERT TO CONTRACTS.Why?

One catch is you have to be on a rental agreement or lease to use the 75% income option. 

I've fortunately never had to evict in Alexandria city - but it is eye opening to read about the city's attempts to keep a non-paying tenant in your property.

I see the same value in getting license to be more legit in the eyes of investors, banks, and also I would like to build some ADUs/rentals for others..