So it’s important to make sure your screening process is compliant with fair housing laws and is based on objective criteria like income (including voucher amount), rental history, credit, and references.There are pros and cons to working with voucher tenants:Pros:A portion of the rent is guaranteed by the housing authority, which can help with consistent cash flow.Many tenants stay long-term, which can reduce turnover.Considerations:The unit will need to pass an inspection, and you may need to wait for approval before move-in.Rent increases, lease changes, and eviction processes often involve additional steps and coordination with the housing agency.As others have mentioned, having a consistent screening process is key.

Having a solid local team is key, and there are a lot of investor-friendly agents, property managers, and co-hosts in Columbus who specialize in helping out-of-state investors or people running mid-term rentals, so connecting with the right team will make your first deal a lot smoother.

Material participation and renting the property for 7 days or less are the keys. 

The key is exactly what you’re doing now: take small, clear steps, then act.Keep posting updates.

Other key releases this week include housing starts and building permits on Wednesday, existing home sales on Thursday, and the University of Michigan's final consumer sentiment reading on Friday.

The key lesson: with solid planning, strong funding, and consistent oversight, even major rehab projects can lead to exceptional results.

I’m in search of a comprehensive guide that covers the fundamental aspects of real estate investing, such as key principles for successful investments, effective lending strategies, thorough deal analysis techniques, understanding syndications, and property management best practices.

Mortgages ended the day down 4/32nds.With key releases like CPI, retail sales, and employment reports still on hold, traders are leaning heavily on assumptions rather than hard data.

The hard vs. soft pref distinction is also key since many operators don’t realize how different the control triggers are until they’re in the documents.Appreciate you adding this level of clarity to the thread.

@Patrick Lismon When I see cap 15% cap rates being thrown around, I am automatically skeptical of the expense ratio & suspect key expense inputs are missing.