Whitestone is on our third fund focused on single family real estate, however there's a twist. We like to buy Class C real estate far below replacement cost (>$100K) and convert the homes to section 8, something that has a significant supply and demand imbalance at the moment. By increasing section 8 voucher housing, we are creating stability in the community while also reducing homelessness. An investment firm first, we have found that section 8 tenant rents in most cases are either equal or higher than market rate rent, produce stickier tenants who don't leave, and the US government is the guaranteed payer, paying 70-100% of the rent. 24% IRR.