@Cole Simpson the exact same way you screen standard tenants, with the exception being documentation of income as proof of current/future voucher, amount, and for how many bedrooms and tenants.

I think from a rental perspective there is no difference in rental income (traditional vs. modular) but for resale and /or financing, I wonder the impact on valuation.

You cannot get a business loan or line without net income on IRS taxes.

I own a 2/3 condo in OC that breaks even , and I want to add more properties to my portfolio to create passive income. 

Obviously you don't own rentals to lose money, but can you navigate the change in a way that is respectful and professional while still hoping to gain income?

This is a well qualified tenant based on background check and income. 

- Are your losses locked up against your passive income? 

Great income property

The property now spits off $3-4k/month AFTER all expenses are paid ($7k gross).At a 12% cap rate property is valued at $400k.

A couple of my favorites are Opportunity Zone Tax Credits and Low-Income Housing Tax Credit (LIHTC).