If the tenants don't get subsidies, why is it a government funded program? 

A guy named Steven Wilson messaged me and told me he saw my post on here asking for funding for a house hack/flip.

Let's say we find a project "pay cash" and do a rehab funding it with our credit line, then turn around and sell it for a profit, pay down the credit line and square up on that.

I am conflicted about where is the smartest place to pull funds and would like opinions?

At the time, they were starting a fund and didn't have time to pursue this MHP.

Or are you trying to park money in incredibly stable real estate to create a tax shelter and fund your eventual retirement 30-40 years down the road?

She wants to keep it, so I agreed to take $30k on a buyout if she can secure funding, if not we sell and split whatever is left 50/50.

The bank said we could do 80% LTV, I would then use the funds to pay off some personal debt (credit card/ car note) which is around $400 in payments a month and then have 25-30k left over to put as down payment on another SF rental.

If cash, proof of funds.3.

What rate of return could you earn on the leveraged funds, and how risky is the venture that would be dedicated to.