Im currently in the process of forming my business entity and I would like to begin networking with individuals who have used these types of funds for projects as well as assist me in obtaining them for myself.

I used mostly credit cards and borrowed money for the purchase down payment and rehab cost, and now that we're finishing up I'm doing numbers on payback and the next property.I want to keep up momentum and start the next project soon, but by my count, it will take me somewhere around 5-6 months to pay off all the debts I incurred in the process of purchasing and rehabbing the house (not including the mortgage). 

Imagine having a  fund all landlords contributed to, set up by landlords, to legally process all evictions and collections.

Next step is the tenant screening process.  

I would let an attorney handle the entire process.

Is the process to raise rents complicated for section 8?

If you decide to buy and hold then just make sure you have clear paperwork that documents the process for exiting the deal.

If it's a nice house/neighborhood with minimal repairs and a high chance of large equity gain down the road, 0.8% might make a heck of alot of sense. 

I have several investment properties on the East Coast and am in the process of obtaining my sales license.

The bank is concerned that they might do something wrong in the foreclosure process and want to protect themselves by shifting these problems to the next owner via quit claim deed.