I just went through this for one of my properties where a new program was started.  

An LLC is usually for liability/asset protection, not a tax requirement, and transferring title can trigger lender/insurance and program-payment considerations.

I’m less interested in forcing this deal to work and more interested in understanding how an experienced investor would evaluate, restructure, or walk away from it.Deal numbers (quick snapshot) Lot size: ~3,410 sq ft (31×110) Build program: Duplex + possible ADU (3 units total) Total build size: ~2,900 sq ft Build cost: ~$580K–$600K (~$200–$210/sf) Closing + holding costs: ~$85K–$95K Total project exposure (ex-land): ~$680K Land payout: $50K, deferred to exit Target rents: ~$5,300–$5,800/month (blended) NOI (approx.): ~$41K–$45K/year Stabilized value: Low $700Ks Refi assumption: 75% DSCR loan ≈ $540K Post-refi equity: ~$160K–$190KMonthly numbersTotal rent: $5,350 / monthTotal monthly expenses (PITI): Mortgage (P&I): ~$3,600 Taxes: ~$350 Insurance: ~$250 Total expenses: ~$4,200 / month✅ Cash flow (rent − expenses)$5,350 − $4,200 = +$1,150 per month

Great for voucher program (section 8).The + or - to a letter is subjective as it is in between areas or areas starting to transition.  

I love slow flips I was initially apart of Scott’s program but I ended up just reading his book and implementing the strategy last month I just did a slow flip with a outstate investor who had a a free and clear  i structured the deal to have it paid it off and 5 and sold it to a local female investor who wants more because she likes to buy on terms. 

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.

Someone I highly respect once told me the key to these guru programs is:In absence of a product, an idea will usually be sold; when the idea is lacking, a lifestyle is pushed.

.- Some voucher program pay a holding fee to the landlord.

I'm piloting a new construction program that's building a generational style home 6 bedroom 4 bathroom, 2500 sq ft house in a class B/C area.

Quote from @Maydiray Tate: I graduated from college with two construction certificates and have the knowledge to build a home from the ground up.