To minimize delays, it is important that you get approval to be a section 8 landlord from each housing authority.

He may have to eat those additional expenses if he can't prove he had approval prior to doing it.c.

., but for now, we like to only consider semi-stabilized (with minimal deferred maintenance) or fully stabilized, cash-flowing properties. 

Additionally, don’t overlook the opportunity cost of pulling money from your 401k—those funds could have been compounding in the market.I’d also suggest stress testing your ROI by running scenarios with higher expenses or lower rents to see how resilient the investment is.

If the marginal cost increase in buying a house that can be house hacked (a house with a basement, a duplex, etc.) is less than the rents you expect to bring in from renting the additional space, why not do it?

At the most basic level a good deal makes you money with minimal cash and effort.

If you have insights on creative ways to acquire rental properties or storage facility businesses with minimal capital, I’d love to hear from you.

You can sometimes purchase a property with zero down or a minimal down payment but a seller financing deal will not hold a note for 30 years as a bank would.

Starting small, like with a duplex, is a good way to get your feet wet and minimize risks.Good luck!

A property in Boston will appreciate well, but with minimal cashflow.