Rent rates continue to appreciate strongly, with a consistent 7% market (3% in some sub markets, 10%+ in others) appreciation over the past few years. interest rates have  decreased in the last few months, and with the latest bunk job report correction and current trends indicated from the feds regarding 'inflation,' we are being prepared to expect more mortgage rate decreases.

Just be prepared to provide documentation, such as leases or bank statements, to verify the rental income.

But why not just have your attorney prepare a response that your unit does not qualify for Sec 8 based on....

If you might take a 401k loan, you may wish to confirm that the new 401k provider will prepare the required 401k participant loan documents.

Need tp prepare for Secyion 8 physical inspection of the property. 

Thank you for sharing the thorough requirements that the process entails so one can pre-prepare when searching for prospects.

I want to make sure Im prepared with the correct documentation to rent out my condo and would appreciate all opinions if im missing anything: - I have the rental application- I have my rental property agreement that I will have the renter sign and make copies of and provide them a copy.- I have the statement of condition that I will have the renter sign and make copies of and provide them a copy.- I will have them provide a copy of their tenants insurance for my records. - Will provide receipt for first and last months rent.- Im thinking of not charging security deposit because of all the strict MA laws and just using the last months rent as a sort of security deposit, thoughts?

The best way to set yourself up to invest is to be financially prepared.

@Kaden Flores How much work are you prepared to do?

She won't pay, so be prepared to send her to collections.