Doubt it...at least not anytime soon...You are a property owner so I am sure you pay tons of $ every year on property taxes, income taxes etc. so in a sense you are funding the wasteful section 8 system...One thing that could possibly trigger the government into making a change to this program would be posts in which an investor touts that he is making twice the market rate of rent and referring to the program as a "gravy train" (just giving you a hard time)...I think what you meant to say was that it is a vital government program that helps the community and that you could charge more rent but you don't because you only want to make a modest income...

After learning how to do what you are doing, I could not go through with the program, as I was wondering about the exact things you are wondering: taking money from other children's parents, or someone's grandmother.I can share only what I do: buy properties at Auctions, REOs, short sales, estates or build new!

I believe he's has some sort of mentors hip program as well.

The CBO works with assumptions that never seem to materialize.Look at another huge government run program – Medicare.Started in 1966 at a cost of $3 Billion, it was only expected to cost $12 Billion (adjusted for inflation) by 1990.The reality was that it cost $107 Billion.

This time I decided to invest in the program, thinking it was his Niche2Wealth Unlimited Funding program.

@Phillip Jewell  are you talking about using a VA Loan or the a first time home buyer loan.If you're talking about using a VA Loan you can only use that for a property that will be owner occupied and you would lose eligibility after you used it the first time; however, you can regain eligibility by paying it off and requesting it again.As for a first time home buyer program, according to what I have seen The FHA defines a first time home buyer as a person who has not owned a home for three years.So, in the case of this program as long as the LLC owns the property I don't think that would disqualify you for the program.( These are only my thoughts on the topic...  

Program A  could be set for spring ,  Program B for summer and C for fall.  

For more details: (https://eig.org/opportunityzones).... its worth keeping an eye on for two reasons:  1) you can invest your earnings and get out in 10 years without capital gains (and if you decided to pull out your investments after 5 or 7 years you can do it at a reduced tax rate).  2) as far as owning RE assets - watching which communities take full advantage of this program as well as others might be an indicator of how the market will appreciate - so it could be a good area to acquire real estate assets.    

Honestly, I was VERY overwhelmed with the program as they mainly teach broad concepts and systems.

Upon reviewing the disclosures I have a a couple questions regarding the Section 8 program as I've never dealt with it, and as I've only done SFH before I've never taken over a property with tenants in place.1.