This entire program seems to be overhyped to me unless I'm missing something. 

Highly recommend "Main Street Millionaire" by Codie Sanchex, "The Personal MBA" by Josh Kaufman, "HBR Guide to Buying A Small Business" by Richard Ruback and of course my personal favorite " Buy Then Build" by Walker Deibel.I truly do mean this with all due respect but I see a lot of your posts and they almost all seem to be telling people not do this, that, or the other without any meaningful suggestions beyond "don't".

I’m interested in hearing directly from investors who have participated in turnkey programs and are far enough along to reflect on actual performance.Specifically, I’d like to hear from investors where all of the following apply:Property owned for 3+ yearsProperty has gone through at least one tenant turnoverOwner is out of stateDay-to-day operations handled entirely by third-party property management and vendorsUnder those circumstances, how has the investment performed relative to your original expectations:UnderperformingMeeting expectationsOverperformingIf you’re willing to share, it would also be helpful to hear:How closely actual maintenance and capital expenses tracked underwritingAny lessons learned that weren’t obvious at the time of purchaseThanks in advance.

The tenant is part of a project Independence program where the lease is with Catholic charities and the person living there is the subtenant.

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

If you don't have the 3%, the FHA program allows it to be gifted by a relative.

The information is gathered by local housing authorities, who locally manage the Section 8 program. 

Dang, that’s an expensive program!

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

But would be getting rid of this stress (facepalm).c) Stay put and HODL, then re-evaluate the situation in a year or twod) Get a side gig (I am good w programming, not so much w money as you may tell XD)e) Open for suggestionsf) Open for suggestionsPlease let me know if more details are required!