Residential commercial (5+) has peaked IMO but with the housing demand so high and prices stabilizing, more people are being pushed towards renting which should keep your vacancy rates low. 

I live in a resort town, with a lot of second homes, so the market price for an average home is already pretty high.

For your fixer needing conditional coverage post-close:Specialty Insurers: High-risk flexibility.Surplus Line Insurers: Non-standard risks.FAIR Plans: State-mandated option(last resort)

On Bigger pockets we cant self promote ourselves (its against the rules)To help you in your search: be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

So from my understanding from your responses, it is possible to achieve market rates on properties without having to make necessary improvements and additions since units just need to meet minimum quality standard for section 8.

I highly recommend it.If you have any other questions or need any bookkeeping or tax help, please feel free to reach out.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

High Rent!!!

If anyone is considering doing a FHA loan on a 3-4 unit property, especially in a high cost area, feel free to reach out to me for feedback/discussion as I just went through the real school of hard knocks, but came out with a great cash flowing property!

At a high level, the IRS calls flipping houses an "operating" or "active" business.