It's way more time-intensive than most expect and most of the "deals" are deals because of deferred maintenance or tough tenancies.

I am happy to speak to what I have seen as the most common set up from a tax perspective to give you a starting point for a deeper discussion, but ultimately you will want to speak with your CPA in conjunction with an asset protection attorney because this requires a deep dive into your specific situation.  

. $1,200 a year is not worth the potential tenant or maintenance headaches.

, I was setting aside 5/5/5/10 for the place concerning vacancy, maintenance, PM, etc. and was told that's fairly accurate.In my market that cash flow would be nice.

If you want lenders to consider the new value, you can do a cash out refinance after satisfying the seasoning requirement.

To begin, it's important to familiarize yourself with the requirements of the Section 8 program, conduct thorough research on the local market, and connect with Section 8 offices.

Review the seller’s maintenance records to identify any existing issues or potential problems.Do your financial analysis to factor in the current rent, estimated vacancy rate, maintenance costs, property taxes, and insurance to determine the property's projected cash flow.

The syndicate ran out of cash reserves and doesn’t have enough to purchase the required replacement rate cap.Foreclosure/DIL/short sale may be the best option.  

You want to ensure that your lender is doing their upfront due diligence on the deal, has programs to get the deal done if the final numbers come in different(low DSCR requirements, favorable rent guidelines, etc), and is offering you excellent customer service.

Housing is always a plus and depending on the location the city might be willing to reduce required parking for the location depending on the circumstances, street parking, or walkable public lots.