I have multiple properties in the Tri-Cities.

The tenant is mentally unstable, didn't pay rent over a year, got evicted, forced out by the Sheriff and kept coming back to the property by breaking locks and lock picking.

So today I was talking to my mentor and we were considering different real estate strategies to expand my horizons.He mentioned mixed-use properties, which I honestly have never considered as an investment.

I am in PA and my properties are owned by my LLC and I handle my own evictions.

Purchase price: $122,000 Cash invested: $31,000 *UK HOUSE* Purchased a 3 Bd 2 Bth Town House / Semi Detached from sellers who inherited the property, worked a very good purchase price.

What year did you purchase this property?

We also chose the wrong property management company who promised they could turn SECT 8 units easily.

Born and raised in BC but thinking of investing out of province for my first investment rental property.

@Stepan Fedetskiy section 8 can be good option if you have a good PM who maintains the property in good shape all the time as per the needed standards. best part is govt pays a portion of the rents so you dont have to chase tenants, downside the upkeep of the unit will eat up appx 20%. so its little tricky..sounds good on paper but when you go through one you will get an idea. i had 4-5 section 8's , 3 of them had no issues, but 1 of them had lot of issues and ate up all the profits.  

Was the property in service in the prior year?