If you purchase in a stable area, screen properly, and budget realistically for maintenance, it can perform just like any other rental strategy.Section 8 can absolutely work, but it really comes down to how you approach it.

@Himanshu DasFor a property that’s cash-flow negative, a properly done cost segregation study can help reduce your tax liability and protect you in case of an audit.

You'll need to both remove the lead properly and get a lead cert if you have children under 6 in the property, even if they were there when you bought the building.

If the lease prohibits tampering with property or cameras, you may have a case, but most places still require proper notices and following the legal process.In many areas, “disorderly conduct” alone is not enough to skip a notice to cease.

Or give proper Notice of Non-Renewal to start getting them out.You need a thorough visual inspection of every room, closet, storage area, attic, basement, crawlspace, and exterior including roof.

Raymond, I would provide proper notice to inspect.

You could always have another termite company come in and do an inspection after the sellers do their treatment to make sure it was done properly and there's no additional evidence of termite activity.

I have worked with Cost Segregation Guys and they provide a properly engineered, detailed report while still keeping fees reasonable for smaller properties.

Are there any issues using an str policy such as Proper Insurance and having it sent for escrow to my lender if the original loan was intended as a 2nd loan vs str?

If you want, DM me — I’ll send you my deal analysis sheet and can introduce you to an investor-friendly lender to help you run the numbers properly.