Find others who are doing what you want to do in the particular niche you want to invest in.

They could self manage for several years, using the rental income, until the next phase of their retirement.If they have a decent amount of financial discipline, they may want to get a HELOC now before they build to get the most favorable rate.

The program is designed to assist low-income families, and these benchmarks might exclude a lot of qualified people.That said, the requirement for stable rental and work history is reasonable, but you might consider relaxing the credit score or income requirements since Section 8 guarantees a portion of the rent.

I can just say I only paint the wall with my friend and paint the floor and paint kitchen cabinate.

I would also attend the upcoming multifamily events in the fall, whereto can meet other investorsGino

don't buy the hype that you don't. 

For example in Reno, NV there are many homes with walkout basement areas that can be made into separate studio apartments that will get more rent than just the room in the house.

Is the closet on an exterior wall where it's cooler than the rest of the house?

If I could ever be of some help in the process or want to discuss specific areas of town and investment analysis, please reach out!

Welcome to the group and congrats on the condo purchase.