Here is the link if you want to read it.https://www.biggerpockets.com/member-blogs/9232/55313-intro-to-section-8---your-perceptions-vs-my-realities

This is why you will often read on BP where sophisticated investors tell new investors to consult with an attorney AND an accountant first.

Rates are higher, too, but the ease of use is a game-changer for more sophisticated investors.

(I am in the Bay Area and my perceptions are subject to being skewed by that)

There is a reporter who would like to speak with landlords in the following cities: Pittsburgh, PAColumbia, SCBuffalo, NYChicago, ILIndianapolis, INBirmingham, ALSeattle, WAMilwaukee, WIDayton, OHMinneapolis, MNIf you are interested in talking to them about your experiences renting in these markets and your perception of why your market is particularly strong (or if you think it isn’t, why not), please PM me with your email address.

Since this was not a sophisticated owner, I decided to simply pay the ticket out of my own pocket rather that go round and round.Now today, I get a "complaint and Affidvit" from the city of Garfield Heights. 

The landlord must still screen a SEC 8 tenant, just like every tenant.Please don't take offence, but I felt it critical to dispel these totally wrong perceptions.

You don't have to be accredited, you can be sophisticated under the SEC Regulation D, 506(b) exemptions.

If your investor is sophisticated, he will structure your equity share the same way I would.

also keep in mind low value assets many times are not owned by sophisticated folks who probably would never do a deal on the computer they need that person to come over and talk them into it and do it in person.. that's for certain.