Not even a training program. 2.

One of my friends is a real estate agent in Panama City so it was a great opportunity to see him.When we saw the program of the trip, it was fairly obvious that the trip was organized in a way that we would only have the time to talk to people linked to the developer or the deal instead of taking to other independent professionals.

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.

Currently we have no Section 8 but in the past have rented within that program.2.

If you've gone through their program or know someone who has, I'd love to hear about your results and overall experience.

When you know which programs are readily available and which lenders can execute, you can often secure capital fast while preserving more of your profit.Where investors get burned is assuming hard money is the only path.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

It sounds like Cityfheps is a New York program.

They batch the deposits together and you have to go deep into the program to determine which tenant made the payment, that was deposited into your account.

@Melinda EiltsFor my flipping business, I prefer to use fewer software programs to streamline things.