For HUD-VASH (the VA run program to help vets with Section 8 vouchers), the paperwork and standard of unit is virtually identical, but with the added support of your tenant having an assigned social worker who regularly visits them at their home, and occasionally will bring in other service providers if needed. 2+ Bedroom units tend to be in much lower demand for HUDVASH though, so bear that in mind if you're purchasing an SFR. 

And the occasional fire.

Petersburg, I occasionally come across deals in Sebring and other growing areas.

The downside is that most loan lives are capped at 5-years to repay, though occasionally a plan will allow loans for primary residences that are extended to 15-year repayments.

Sure beats the occasional free lunch I got at my former Broker!

Beech Grove pops up on my radar occasionally but I have yet to take action there.

In fact, if you don't mind putting in a bit of elbow grease or being patient and waiting for the right opportunity, you can even still find the occasional 3-bedroom house for under a half million.

Modeling assignment: Occasionally we may use you as a model for different print and promotional material for the business. 

You still have the leasing activities (placing ads, showing units, screening tenants, occasional evictions, handling move outs, etc.) but a highly organized file system and "punch list" collection should keep those activities manageable.

In other words, an occasional "missed payment" isn't necessarily gone forever.The second deal I invested in with them was in December, 2017.