I also rent to people with section 8 (excluding HUD).

Example, if you have a 5% loan, your monthly rate would be 5%/12 = .416666% per month.pv (present value) = 300,000fv (future value) = 0type (beginning of period vs end of period payment) = 1 (beginning)Strictly the mortgage (excluding PMI, taxes, insurance etc) would be $4,222.58/mo in this scenario. 

With online forums, as with any medium that excludes face to face interaction, there can be problems with interpretation.

If a liability arise from inside the LLC, you can lose all the asset in the LLC but it won't propagate to the member/owner's other assets held outside that LLC (fraud and company veil piercing excluded).In case of an outside liability claim, if you own an LLC in a state where the sole remedy is the charging order, a debtor can not reach into your LLC, but just get a charging order against the distribution made, if any.

I would also not exclude cap ex, and I would for sure find out what your lawn care expense would be in Florida (seems like it would be a year round expense).  

If you are searching on google you can try the location + "estate sale" -real and that at least excludes real estate from the search.  

To think that an entire group of people were explicitly excluded by the government from one of the largest housing booms in our history (post-WWII) due to the color of their skin is mind boggling.Maybe Section 8 isn’t the right answer- it might be building more government housing (as they have in the UK) or something else.

If so, that excludes a leasehold interest or squatter's right.

Shorter terms certainly won't hurt you - lower interest rate, higher ROI on that specific property :-)If you haven't already absorbed it - I recommend you fully embrace the 50% rule - plan like operating costs (excluding financing) are going to consume 50% of your rents. ie don't spend 100% of your cashflow on living and get caught by vacancy, economic downturn, rising interest rates, new roof etc :-)My advice is to just keep talking specifics with your Dad about his investment objectives so you and he will understand each other and enjoy your great relationship.

(even in hot markets) the opportunity is present.The truth of the matter is that most Americans (clearly excluding people on this forum) don’t seek opportunity and are comfortable working minimum wage jobs.