You only get paid when you’re knee-deep in contractors, delays, random surprises… and the market keeps moving while you’re still scraping popcorn ceilings.

Total game changer.Looking forward to reading your wins, hacks, and surprises.

Despite this upside surprise, the unemployment rate edged up to 4.4%, the highest since late 2021, as 470,000 people entered the labor force.

I feel like the price of everything is outrageous right now but $1,200-$1,500 is in line with mid-range SFH in my experience so I’m not surprised multifamily is much higher. 

When you get the lease and estoppel, read them slowly and carefully.You want to know:How much Section 8 actually pays versus how much the tenant paysWhen the lease actually endsWho pays which utilitiesWhen the last inspection wasWhether the seller made any “side deals” (you’d be surprised…)Those little details matter a LOT with voucher tenants.2.

Or you can accept something lower than expected, but I wouldn't be surprised if the buyer or buyer's agent still tries to negotiate repairs or price once under contract. 

., polybutylene pipe), which can be a costly, project-killing surprise.

When you standardize repairs and expectations, you remove 90 percent of the surprises.3️⃣ Only hire contractors and PMs with actual Section 8 experienceThis is where most people get burned.

You get verified photos, disclosures, and fewer surprises with titles or liens.

Arbitrage as a model has never worked in the long run, so I'm not surprised here at all.