(My opinion) This creates win win for both, worker guy puts in the sweat equity, and you’re the cash equity side.

We are using private money (business partners, family, friends and coworkers) plus our own cash to rehab a duplex and then will finance into a more traditional loan to repay the private money and replenish our stash.

If you’re shooting for long term rentals, read every single line of your condo associations (or co-op) agreement.

@Jonathan Greene I have about 170k in denver Colorado where can I find a good deal to start?

If I said I was only accepting rent from healthcare workers, but not lawyers I’d be in just as much legal hot water as if I refused S8, but not the trust fund kid. 

One good think that we have on our side is that my husband does part of the job himself because he’s very knowledgeable and he likes it; also, he’s really on top of workers that he hires for doing the other part of the job and we tend to get the less expensive workers out there (you really need to stay on top of them especially if you pay less then average).So this is how we manage to renovate a house with a lower budget labor then average and we have a bit more budget for quality materials and fancy details.

The private road is co-owned by all who own property on the road.

@Alecia Zielinski  Our STR in Colorado Springs is bouncing right back.

Sec 8 vouchers are not a problem since you get a check from the local H/A and then need to go after the tenant for the co-pay.   

The good news is that my wife and I are hard and smart workers and really increased our income.