This method allowed us to wholesale on the retail market without putting any money upfront.

I could understand if I was looking for hard money or private lenders but I figure if one bank would approve a conventional mortgage on a property most other banks would as well at the same or similar terms right?

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

@Ikenna OkekeogbuStarting with a single-family home rental investment in an affordable market requires education, have clear goals, plan your money, and have a team of experts.

His case worker should be able to talk to him because he's going to be at risk of losing his section 8 support if he can't follow the rules. 

I don't have a ton of money to market but I have time in the evenings and weekends to maybe somehow try to find some sellers I just don't know for sure how I am going to do that yet, so if you have any ideas or maybe you were in my my situation at some point what kind of things did you do or what would you suggest?

They are probably aware that the tenant will stop paying at some point in the next 2+ years and they want to recoup their money ASAP.

They expect to make money on it, so if you shouldn’t buy it.

I'm trying to understand how house hacking is so profitable, putting down so little money, 3.5% or 5% would make for a hefty mortgage payment wouldn't it?

Let’s see some of those “uh-oh” moments.DIY Disasters: Tried to do something yourself to save money but ended up costing more?