it does amaze me that this program still brings in folks.. 

We do these all the time.LLC is no issue on either loan program, but both will still require a personal guarantee (looking at your FICO not your business credit).  

Agree with all posted by Stuart & Corby, except about the Renters Insurance.We offer Renters Insurance to our tenants also and it's a special program only PMCs have access to and is a much better & cheaper "product" than tenants can get on their own.You have 3 options:1) Check the lease for a "transfer of management" clause to see if that can terminate those services.2) Negotiate with the tenant to terminate those services.3) Retain the PMC through the end of the lease.

I'm very weary with any program nowadays.

Curious to see what the difference is between debt consolidation programs vs debt consolidation loans. 

It's a wholesale and flipping mentorship program that they are selling. 

I have been exploring programs that assist with this, but they are very expensive

Originally posted by @David Barnett:I'm not familiar with the NACA program, however, we have what appears to be a similar program in Massachusetts that seems to have similar flavors. 

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's not podcasts, mentorship programs, and hype.Okay, I agree 80%.