![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/979177/small_1695439498-avatar-schneury.jpg?twic=v1/output=image&v=2)
20 March 2024 | 2 replies
the way section 8 works is different in every county across the US and I have been diving into the matter myself for an 8 unit I am considering putting into section 8 in St petersburg Florida.. but from my understanding you would ask whatever rent you are hoping to recieve and the tenant will tell you what their TTP or total tenant payment is and the county is responsible for covering the remainder of the lease as long as it is beneath their FMR fair market rent.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/856871/small_1711028998-avatar-ryanm359.jpg?twic=v1/output=image&v=2)
20 March 2024 | 13 replies
Know your risk tolerance and understand the situation you are putting yourself in.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/929564/small_1695258489-avatar-elainec10.jpg?twic=v1/output=image&v=2)
21 March 2024 | 25 replies
At some point every house needs a new roof, new plumbing, new windows etc, so it is critical to understand how much money you have to budget for the next 10 years.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2868260/small_1711556100-avatar-starnicole89.jpg?twic=v1/output=image&v=2)
20 March 2024 | 4 replies
Luckily the seller of my first property is understanding and has given me some things to take care of in terms of changing over utilities and such (this is a duplex).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2974183/small_1710559454-avatar-rohitg25.jpg?twic=v1/output=image&v=2)
20 March 2024 | 6 replies
There is always higher risk when operating with hard money, so you'll want to make sure that you buy a solid deal, in a good neighborhood, and have a plan for rehab and exit strategy.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2696040/small_1710282766-avatar-josepho199.jpg?twic=v1/output=image&v=2)
20 March 2024 | 23 replies
Welcome.Make sure you take the time to understand Property Class types, so your expectations are aligned with the performance of these classes.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1334970/small_1694561594-avatar-betsyn1.jpg?twic=v1/output=image&v=2)
20 March 2024 | 6 replies
As I understand, theres a big difference.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1797199/small_1690812387-avatar-adame100.jpg?twic=v1/output=image&v=2)
19 March 2024 | 12 replies
Investing in a syndication or fund could be a good fit given your situation.Pick solid operators and solid asset classes.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/457649/small_1621477533-avatar-davidd106.jpg?twic=v1/output=image&v=2)
20 March 2024 | 6 replies
My understanding is with a TIC you have the option of keeping the same TIC structure with all parties OR completing your own 1031 and the TIC partner can do the same OR they can just pay the tax and move on if they choose to.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2529149/small_1670365148-avatar-julianm128.jpg?twic=v1/output=image&v=2)
20 March 2024 | 3 replies
My understanding is the property must be owner occupied (not the case for us).