Welcome to BP community @Judd Fertman  It is a great place to meet new friends and learn about various aspects of real estate and more.

Another aspect investors need to be aware of......anticipating again, is when an owner has a buyer and folks call us to put a deal together, if you're not a Realtor you can be on thin ice as you have no interest directly in the transaction, there are other issues too, the unauthorized practice of law is a favorite for prosecutors.

@Sam McClellan The Pro's... you get your place inspected once a year which keeps you and your tenant on top off things and most if not all of the rent is paid consistently by the government.The Con's... most landlords think they don't need to properly screen Section 8 tenants, for some reason they think the government has already screened them and this is far from correct.Screening is highly, highly important, with or without Section 8... that's the key!

Let me explain:Sustained positive cash flowSustained positive cash flow means that rent consistently exceeds the total recurring costs.

Welcome to BP community @Tyler McClellan  It is a great place to meet new friends and learn about various aspects of real estate and more.

I only had one applicant similar to this, and previous tax returns showed less than half what she said she was making, and then when she provided "current financial statements" to back up that she's doing better now - it consisted of a piece of paper with "Income" written at the top, months down the side, and a dollar amount. 

Welcome to BP community @Joyce Chiu  It is a great place to meet new friends and learn about various aspects of real estate and more.

It is a great place to meet new friends and learn about various aspects of real estate and more. 

My father is a general contractor and he's very willing to help me in the flipping aspect my goals. 

Welcome to BP community @Jason Evans  It is a great place to meet new friends and learn about various aspects of real estate and more.