There’s a strong demand from investors who specifically seek Section 8 properties for their reliability, so it can make the listing more attractive to the right audience.That said, managing Section 8 properties isn’t completely hands-off.

I know when Roofstock first entered the Memphis market, their properties flew off the shelf/site like Costco rotisserie chickens.

Because the Property Class dictates the Class of the tenant pool that the property will attract.

If I had 500k to blow, I would probably do the same.

You're in the right place to learn about real estate investing.

I'm a real estate investor in other parts of the country but not NY due to the extremely high buy in price.

The rest people need to make sure the numbers are good. 

I am confident price is your issue especially if you are deriving the price off a poor comp (smaller unit, etc) and then applying arbitrary adjustments.  

The ROW @ Dietz Elkhorn is a 27 duplex community between San Antonio and Boerne.

How did they miss the electrical & roof issues - or did you just not understand the inspection report?