In our24 years of experience, managing almost 100 S8 leases currently, the average S8 tenant has a FICO under 580, numerous collections from utility & cell phone companies, doesn't want to pay a security deposit, much less an application fee and claims they don't know how to fill out their S8 paperwork despite being in the program for several years - hint: they want YOU to do it for them.Most, not all, are eligible for government assistance due to a funeral-march of bad choices.REALITY: you are trust trading one set of problems for another.You can succeed with S8, but you need to understand the challenges and plan accordingly.

Long term fundamentals are great, but personally I'd wait for a few years and see how this multifamily glut plays out before doing anything.

Worked out fine. 

So am I expected to only ask for a reduction in price to replace the roof and then later find out it’s double that maybe.

Quick question to the Tax pros out there.  

I took care of it.I also recently sent out rent increase notices, and now I got a request from a different tenant to replace a refrigerator because it's "rusted on the front and side."

There are already 3 tenants bringing in a total of $7500 in rental income, if one moves out so I can owner occupy I make $5000. 

Find out where the loans are being held.

That said there are certainly areas where supply is already highly constricted and it can push good people out.

Properties need to be seasoned with most programs in order to take cash-out at the appraised value, with the quickest options requiring only 90-day seasoning to receive a cash-out.• What is the guarantor's credit score?