Hey folks, so this morning one of my colleagues posted (from another person) some reasons why Sec 8 can be very difficult.

If it's a personal deal, the E&O at closing is $350. 

I want long term gains and goals, with the only short term goal, being to pay for my personal mortgage, after all expenses of the rentals are taken care of. 

The person/family that might buy 2 3 homes in a lifetime. 

Hi Daniel,Flipping in rural environments with limited comps is a risky move, so personally I wouldn't do it as the risk is too high.

You are lucky if you get 4% net cap in FL, VS 10% ( ALL my personals are 20% ish net ) net caps. 

Personally I think I would look at one of the Universities that have a design program.

They have better rates and we are ok buying in our personal name for a single family.

But it is the tax return that will show the conversion of your property from personal use (schedule A probably) and into an investment property - (schedule E or schedule C of your tax return).

Boost Your Experience Level Another key consideration is your personal experience with real estate investing.