The quick good/bad of Section 8:- S8 tenants tend to be rougher on the property (but not always)- Paperwork/inspections/etc. can be burdensome and tough to navigate (especially initially)- People often think FMR rates are guarantee rental rates but that's not the case- Usually the rent isn't 100% subsidized and a lot of people don't realize this- S8 tenants tend to stay a lot longer than cash tenants- Obviously, the guaranteed rent portionOverall, I'm neutral on the program.

Barrier to entry is higher but that can make the appreciation more lucrative than other states in the midwest.

Thinking of trying to market to a handful of homeowners that would like us to manage the STR for a % of revenue.

I never run credit so I am curious to know from current lenders that deal with credit daily. 

@Eugene Brown how do you want to grow?

Looking forward to learning from all of you and sharing insights!

Welcome to the site.

The key is the fed knows they need to help mortgage rates right now so if they lower the fed rate AND stop selling the treas bonds in their porfolio, that will help create more demand for bond sales to keep prices up and get rates down a bit.I can see mortgage rates hitting 5 to 5.25 by spring of next year. 

I am glad my career is not dependent on this state.

Hi Daniel Simplified also runs meetups in your neck of the woods. second Thursday of the month I believe they have on in Lowell.