the way section 8 works is different in every county across the US and I have been diving into the matter myself for an 8 unit I am considering putting into section 8 in St petersburg Florida.. but from my understanding you would ask whatever rent you are hoping to recieve and the tenant will tell you what their TTP or total tenant payment is and the county is responsible for covering the remainder of the lease as long as it is beneath their FMR fair market rent.

Look at the homes on both sides.BRRR people you could add units.

New AC unit.

DSCR requires 15% down for single and 20% down for 2-4 units. 

Both units have tenants living in them and he is giving them the 30 day notice that management will be passed along to me.

I'm looking for advice on how to best outsource bookkeeping for a rental portfolio of 15 - 20  SFR and small MFH units. 

You'd most likely have to look for a commercial unit, which would be more likely to have the card reading accessories you're talking about + they can keep up with the constant use, which residential units aren't designed for.

I agree maybe it's just the market because a three unit that costs $600,000 in just an ok area should not need another $50,000 to bring it up to code.

@Robert MendenhallA couple points:Buying a 2 to 4 unit building with either FHA or VA financing and living in one of the units is a GREAT way to get started with home ownership and investing.

I have a 6-unit complex (not in Detroit, MI) I am looking to pull cash out of.