I'm not really having much luck researching this myself online, so I came to here for a little insite. I'll keep it short and to the point. I'm 23. There is a house for sale locally. I can afford it and see it as a good investment opportunity for a rental. After purchase I'm guessing it would need (not require, but really should have some work done) a new roof, exterior paint and I was told the inside is fine. I'm having a look tomorrow. My question is might I qualify for a government grant to help pay for renovation to this small house regardless of the renter? I don't plan on having HUD pay for the rent and have it considered a low income housing (though I won't rule out that just yet). In talking to my mother, she told me that a few locals have had grants to pay for all renovation to buildings just to rent them out. Internet searching has not turned up a lot of information. It, for the most part, seems sketchy and shady. Does anyone have any good references? I know the local bank branch manager here in town. Would he have good information for me? Thanks for any help. I'm fairly new at this but am more than willing to learn.