Hey folks, so this morning one of my colleagues posted (from another person) some reasons why sec 8 can be very difficult.

Does anyone have any recommendations for financing a property that consists of a single family home, a self storage unit and a manufactured home?

Couple things to check for:- Check to see if the applicant's name, address and personal contact info matches across all information you receive like credit check and ID to make sure you are dealing with who they say they are.- Have a set of rental criteria you are looking for and compare against that criteria, like minimum ratio of income to rent, minimum credit score, etc.

If SS has 95% physical occupancy and 74% economic occupancy does that mean they have 95-74= 21% delinquent tenants?TIAMark Walker

Probably too small for multistory self-storage.

Set a goal, work backwards, and create a realistic strategy based on your personal abilities.An aggressive investment strategy can get you free from your 9-5 in about 3-5 years.

I don't use really personal cards for anything anymore.

I personally invest here for both the cash flow and appreciation.

My personal trusty cash flow analyzer has served me well for my own deals, but it’s upgrade time for something with more oomph.

The subdivision goes from 150k to 1 million in price.If your friend owns other properties that are trophies I would definitely cross-collateralize some or all of his other properties and get a personal guarantee.