It's not foolproof but if another investor has used a company and has had good experience then that usually get's us in a good starting place.

@Joseph Bui would you mind please sharing which companies you use?

Be sure you are working with a CPA that understands the value of leveraging the tax benefits on investment property and working with an engineering-based cost segregation company with on-site property reviews and audit defense at no cost if ever needed during your ownership.

California max 2% increase a year (unless doing significant renovation like adding rooms, an ADU where it's reassessed)I talked to a very honest Indy property management company who said the people who do well with Class C buy in volume (not your typical beginning investor) because the good properties offset the losers.

There are two tricky areas with this building and the buy:1) It is owned by the company operating out of it, so it is not leased nor has it been for decades.

I was wondering If anyone here has experience with section 8 and could guide me on where in the united states is the best areas to buy and also anyone that knows of good property management companies for people with properties outside of the state they live in.

if the company would pay for closing costs, including realtor commissions, that is about $20,400 of savings right there!

Companies like Quicken Loans or Rocket Mortgage have been known for their diverse lending options, and they might work around your requirements.

Contact Hospitals/Government Bases/Companies directlySection 8/HUD (LTR)

In search of accounting software specific to real estate for tracking expenses of rental properties (including LTRs in LLC with property manager and self-managed STRs).