It is a large, old Victorian in a small, rural town.

I am actually looking at a house that is not a Victorian but needs part of the home bulldozed and a ton of work done.

Another question that I haven't yet heard the answer to: Do local governments ever run out of HCV funds? 

I don't foresee Texas implementing a similar law, but I'd be interested to know how this change has affected others.Side note: It's not the Section 8 tenants that I'm avoiding, it's the government bureaucracy that comes with it.I believe the majority of the US population lives in states with the same law.How do we navigate it in those states?

I had constant issues with the local government and the taxes were absurd.

.: Quote from @Mike Dymski: Government actions are unpredictable and scare me the most. 

Investment Info:

Single-family residence buy & hold investment in Topeka.

Purchase price: $215,000

Cash invested: $450,000

This is my first full rehab and purchase of a property which. It will be...

The governments should seize the opportunity.  

However, in order to preserve the constitutional status quo while the merits panel considers the parties’ weighty substantive arguments, that part of the motions-panel order granting the Government’s motion to stay the district court’s preliminary injunction enjoining enforcement of the CTA and the Reporting Rule is VACATED.”  

I have liquid assets and want to make smart, scalable investments that balance cash flow, appreciation, and low risk.GoalsGenerate consistent cash flow to diversify my income.Maximize appreciation potential for long-term wealth growth.Invest in areas with low crime rates to minimize risk.Reduce my tax burden for 2024 with real estate purchases.My Current ThoughtsI’m torn between two main strategies:Multifamily Properties:Looking at markets like Austin, Raleigh, and Tampa for 10-50 unit multifamily properties.Love the scalability and centralized management, but I'm concerned about high upfront costs and competition.Section 8 Housing:Considering affordable markets like Memphis, Cleveland, or Indianapolis to purchase 5-10 single-family homes.I like the government-backed rent stability, but managing multiple properties across different locations seems intensive.Key QuestionsWhich strategy would you recommend for my goals and liquidity?