The tenant delayed eviction through an attorney they obtained via the Law Center for Better Housing and ultimately exercised their one-time right to cure by coming up with roughly $15k in back rent through a rental assistance program.

I don't think so, nothing against him, there's just too many programs out there.

Not even a training program. 2.

Informativ post - want to note other colleges also provide these types of programs which I believe can be very valuable.

As of today, 45 days have passed since the auction, and I have not received the Certificate of Title.

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.

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.

Look into the lead certification requirementsIt's probably going to be an uphill battle.

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.