I think this gives me good asset protection and allows me to take advantage of leverage. 

It’s like trading baseball cards back in middle school.. you get the shiny new card you’ve had your eye on, and you don’t pay a dime until you finally decide to sell and pocket the profits.

@Spencer ManningYour other questions were answered except for last one.S8 vouchers are for a specific number of bedrooms and rent amounts.So, a S8 tenant must find a property with rent that does not exceed their voucher amount.This stops S8 tenants from renting Class A properties and most Class B.Currently, Fair Housing does NOT protect source of income, so unless a state or local government has passed a law stating otherwise, landlords do NOT have to accept S8 vouchers.

From my understanding they filed for Chapter 11, that would protect them from any creditor action, any foreclosure, etc.

My tenant just notified me of this in November and they first started noticing it back in May (eye roll lol).

Keep an eye on the STR regulations, and as you progress, consider diversifying your portfolio with other asset classes like commercial or single-family rentals for added stability.

Median home values are $170K range, Median rental income $1,275, YoY home value growth 7%, YoY rent growth 7.93%, Rent/price ratio .74%, Population 117K.I also have my eyes on Watertown, NY; Warren Robins, GA; Gulfport, MS; Knoxville, TN, Rocky Mount, NC & parts of OK.There are plenty of options out there --- hope you find something that fits your buy box!

If you need eyes and ears or want an opinion on a specific property, I am always happy to assist. 

Not only am I sorry you lost money but it gives a black eye to us legitimate lenders everywhere.

Looking to build a boots on the ground team that can really guide me in the right direction and be my eyes and ears.