The security deposit can be up to 2x month's rent in year 1 in PA, but drops to 1 month's rent with year 2.My tenants pay anywhere from 15% to 70% of their rent with the Section 8 subsidy covering the rest.In Delaware County, PA, the housing authority is severely budget crunched.  

@Josiah Patrick Zebarth @Frank Vanegas @Christian Decker @DJ Dawson @Taylor Wrice-Brooks @Saudi Garcia @Ivan Ng @Chris De Celle @Mitchlyn D.

Here's the podcast:http://www.biggerpockets.com/renewsblog/2014/04/10/bp-podcast-065-creative-investing-wendell-de-guzman/Also, you can learn a lot by following my weekly business update where I share with BP Nation what's going on with my real estate business.

@Wendell De Guzman, I think that's a matter of location.

@Alberto De jesus  Finding cash flow properties on the MLS does look like a challenge. 

Keep in mind that to defer all the taxes, the new property has to be at LEAST the value of the relinquished property and the debt on the new property should be more than the debt on the relinquished property, otherwise the difference between the two debts (if you were to de-leverage) would be a taxable long-term gain.

There was an empty lot at the end of one of the cul-de-sacs.

I just signed up for this program, property scouts, andwondered if anyone has had success with it, the marketareas I chose are:  Manage Markets (20) Market Scouts Leads Status Action Philadelphia, PA 0 0 Active View Riverside-San Bernardino-Ontario, CA 1 0 Active View Santa Barbara-Santa Maria-Goleta, CA 0 0 Active View Los Angeles-Long Beach-Glendale, CA 0 0 Active View San Francisco-San Mateo-Redwood City, CA 0 0 Active View Boulder, CO 0 0 Active View Orlando-Kissimmee, FL 0 0 Active View Virginia Beach-Norfolk-Newport News, VA-NC 0 0 Active View Wilmington, DE-MD-NJ 0 0 Active View Sebastian-Vero Beach, FL 0 0 Active View Newark-Union, NJ-PA 0 0 Active View New Haven-Milford, CT 0 0 Active View West Palm Beach-Boca Raton-Boynton, FL 0 0 Active View Washington-Arlington-Alexandria, DC-VA-MD 0 0 Active View Baltimore-Towson, MD 0 0 Active View Las Vegas-Paradise, NV 0 0 Active View Napa, CA 0 0 Active View Myrtle Beach-Conway-North Myrtle Beach, SC 0 0 Active View Charleston-North Charleston, SC

The way that many people do this is the use of a Delaware Statutory Trust.

Wendell De Guzman made an excellent point though, the people you're mailing to get a lot "help your situation" letters so your response rate will probably be lower than normal.