So, unless the house currently has a Section 8 tenant in it, to say it's "Section 8 approved" is misleading at best.There are a LOT of factors that go into the rent calculation by Section 8.

the tax value has no role as value of the property comps would be a determining factor

Then factor in inflation which is currently over 5%, and you are LOSING money each month."

i deal with reo homes here in south florida. and everyone has closed for me. its part of the game when you want to work reo listings as i do.

I will be going into a 3 year graduate program next year and in my ideal world (ultimate goal) I would like to have about 30-40 properties before I am finished in those 3 years.

I agree an active business inside of the 401k would incur UBIT.Since I deal mostly with RE investors I like the no solo 401k UBIT exemption for debt financed income.Also, the borrowing privilege has helped several people to fund their personal real estate investing.Hmm...I used the wrong term in my post?!

I deal with residential real estate and I can not believe the delays in just getting the loan done.

And does your 20% figure already factor in inflation?

. ($60,000 deposit + $20,000 for renovations =$80,000) Also the built in equity of $100,000 as a secondary factor has to be considered.

There are actually very clear and defined factors that must be reached for the economy to officially be in a recession.