@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!

I've done this so many times it is crazy, so speak with experience.Also in small towns trades can be tricky. 

It’s worth considering the trade-offs between the stability of income and the increased oversight and hoops you'll have to jump through.

Publication 15, Employer's Tax Guide, says only this much:...Payments for the services of a child under age 18 who works for their parent in a trade or business aren't subject to social security andMedicare taxes...No definition, and IRS publications are not really law anyway.

If you have no money you can try to earn equity in a deal with your time (finding deals, managing the property, etc), or skill (learn a trade, get your GC license, etc) I read that book in Sept and wished I had read it sooner! 

In our trade, I would not expect any owner or GC to get this correct since our industry is extremely specialized.

Just looking to trade advice.

In place of a flat fee I can see the transition being something based on referral (did my buyer agent get me a trades person, lender, home inspector, etc.

Trading off current cashflow for principal payoff in the future?

I want a specialist that's an expert, and not a jack of all trades and master of none.