Be sure you are working with a CPA that understands the value of leveraging the tax benefits on investment property and working with an engineering-based cost segregation company with on-site property reviews and audit defense at no cost if ever needed during your ownership.

There are two tricky areas with this building and the buy:1) It is owned by the company operating out of it, so it is not leased nor has it been for decades.

California max 2% increase a year (unless doing significant renovation like adding rooms, an ADU where it's reassessed)I talked to a very honest Indy property management company who said the people who do well with Class C buy in volume (not your typical beginning investor) because the good properties offset the losers.

I was wondering If anyone here has experience with section 8 and could guide me on where in the united states is the best areas to buy and also anyone that knows of good property management companies for people with properties outside of the state they live in.

if the company would pay for closing costs, including realtor commissions, that is about $20,400 of savings right there!

Contact Hospitals/Government Bases/Companies directlySection 8/HUD (LTR)

This bill could cost you a small mint to fix with a good license abatement company.

I manage about 30 doors through my own Management company, but I work under a Broker.

The location is very suitable for a diverse group of travelers that our college town attracts.

I am happy to refer you to the investment company and builder I went through, just sent me a DM if interested.