There are pros to government guaranteed rent, but agree with other people who have mentioned that the inspections can be a bit of a pain and prohibitive toward leasing properties up quickly.Would definitely recommend talking to a local property manager who understands Section 8.

Nothing prohibited them from busting the property to see that it was not being maintained on the outside which should be a red flag.

I've just been looking into reverse 1031's myself, and I can tell you with confidence that with a gain of only around $20k, a reverse exchange will be cost-prohibitive.

The 10th amendment says - "The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people."

But in this case it's one branch of the govt requiring something that another branch of the govt prohibits - BUSINESS AS USUAL!!!!

Lenders frequently have an overlay that essentially prohibits it.

Alex,You will find answer to your question here:https://www.biggerpockets.com/forums/51/topics/527...I would advise against it as it might be considered a "prohibited transaction" under IRS scrutiny.

I started the VA loan Pre-approval process, and today I spoke to the Loan person, her response was that my work history prohibits me from going forth.

Also be aware with old single wides there may be laws that prohibit moving homes built prior to 1978 from park to park without certain renovations if you plan to get the home installs permitted; which is recommended.

-In 2008, the SAFE act prohibited seller financing if not licensed and manager licensed.