Hi Pedro,In my opinion, 20% return on your investment is excellent.

I think you need to consult with an attorney and a CPA to get their opinion. 

So I have an interesting idea that I would like an opinion on.

What are people's opinions of section 8 renters? 

All opinions are valued .

In your opinion would it be a better strategy to invest passively in a market like Brooklyn which is appreciating very rapidly average returns of 10-20% cash on cash.Or to invest in low income neighborhoods in Philadelphia and buy 2 family houses making around 20%-30% but not much future growth.I like the idea of building my own portfolio but I have limited access to capital and I don’t want to have a lot of partners to worry about.Any insight would be greatly appreciated.Heshie

Do you have any opinion on this? 

So you combine that with minimal to negative cash flow, and suddenly California really becomes an appreciation play (in my opinion). 

All opinions greatly welcomed.

In my opinion, the deals are found in the gray areas of the block I just mentioned above.