Is this the correct first step?

You got this!

Any doing this, or have any experience or knowledge to share?

If you invite the government into your business, you get the good and the bad.2) In my experience,(and I may get some hate mail for this) the average section 8 resident is harder on the property. 

Clearly state your need for a loan and the details of the real estate deal.

Mindset is key and just know that this is a business and you would be actively seeking clients and every day you wake up your working for the paycheck you receive in 30-60 days.

This probably has to do with the new rules that went into effect after the NAR Settlement that went into effect this summer.  

With the recent episode of BP covering this topic I'd figured it be a good idea to start a thread for all those curious here.

This is 100% seller finance deal.

I’d like to send a notification addressing this to my tenants.