Disclaimer: The views expressed in this blog post are based on current market trends and are solely the opinion of the author.

If I were able to acquire my next investment through cash and/or bridge loan, install my section 8 tenant and show a couple of months of rental payments, is there a lender out there that would use that lease and its accompanying Housing Assistance Payment contract I would have with the local housing authority? 

If they deem it unaffordable, they will try to negotiate it down and if you aren't satisfied then you can start the process over with another tenant. the 2k they are currently covered for rent can be an old number and one the past owner never bothered raising, but I would assume you would have to do your own application to be a landlord and I am sure the numbers used would be based on current FMR and the tenants current income level.. then again my knowledge is based on S8 St Petes Flordia, and you should call s8 housing authority to get clear and best answers

Ultimately, they have the authority over whether you can get your CO, so even if you have a good GC and engineer come in, the local inspector needs to buy into the plan. 

Additional Interests are not afforded coverage through your policy and cannot make policy changes or file a claim.Additional Insured is anyone afforded coverage under a Property or Premises Liability policy who is not the policyholder but has the authority to make a claim on the policy or has an insurable interest in the property.

@Dan Stelter I like the Author Mark Manson's outlook on life and getting out of your comfort zone.

The government/Housing Authority was not your tenant.

Rob,What is your authority for your comment?

I could have also formed the LLC in my state (Virginia ) and applied to the other state for authority but it seemed like even more work.

Code Chapter 47 - Fraud And False Statements, which is a very boring read, unless it applies to you.Please don’t do that.Make sure your Proof of Funds source has the funds and that you are authorized to use those funds and the source will vouch for you in court.If you are going to buy “Turnkey” it is recommended you visit the actual neighborhood and actual house before closing.Things can be very different in person.Afterwards is too late.You may not like what you seeGo with the Math, not the emotions or hopes of the futureIf you are losing money with the hopes of making it up later, you should seriously reconsider.Wishful thinking is a poor investment.Interest rates are going upAnd interest rates are going down.And interest rates are remaining the same.There is no clear direction for rates and there are arguments for going each direction – buy so that your property cash flows, even if you are wrong.Ignoring your workers.Always serve your workers pizza on the job.It keeps them on-site so they don’t wander offThey will think you actually care and will work harderYou get to become “one of the boys” and they will tell you things you need to knowHmmm, out of space, but not out of mistakes.