Are you aware that lenders consider the income of the property units towards your qualification?

While a sudden turnover may  not appeal to you, I would rather deal with that than lose the Section 8 payment and be dealing with tenants who would not pass my qualifications.  

Also, anyone feel free to comment about their experiences with a blanket loan, I am curious about the process and qualifications for this type of loan.Here are the basics of the properties I found:$39K each, all are 2/2, 1,070SF, built in 1985 and across the way from a local collegeThank you,Chelsie See

It really helps us when it comes to breaking down the numbers for qualification as a "deal" and if it is a deal, helps us show the investors that it is a deal.

There definitely appears to be a barrier where those without good qualifications struggle and ultimately leave. 

You may however be required to put down more than you would on a single unit property,  especially if you are depending on rent income for qualification.   

The problem I see is that a lot think they are better than the starting pay rate for their qualifications and disability pays more than any job that they qualify for. 

Median household income by zip code is a good starting point.  30% of that figure helps gauge rental rate qualifications of the residents. 

For full time RE investors this is one of the best loan products (in terms of ease to get, qualification standards and efficiency) to get the property under contract. 2.

If they meet your qualifications, that’s a win-win.