with that said, should you increase your down payment to mask flaws in an otherwise terrible deal - an alligator that will eat you alive with deferred maintenance that is in a worse neighborhood than you think, but an agent sold you on it because it has new countertops? 

You provide a copy to the tenant.Are you a licensed PM?

As a realtor I have sold many S8 homes and have worked with plenty of S8 investors in the Akron area. 

Anyone have a purchase agreement contract for the state of Mew Jeresy that they are willing to share? 

Lien is filed and recorded and then do nothing until it gets paid or property is sold and is paid ..

No matter where you choose to invest, please keep in mind the following (copy & paste):--------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

For instance, you cannot deduct labor on an unfinished flip until it is sold.

We've got 2 clients buying new build to rent homes and just sold 2 new townhouses for STR purposes. 

When I was stationed in Northern VA, high costs had me stuck until I sold my Corvette to meet my DTI ratio and get a condo using my VA Jumbo LOan—one of my best investments.

If you get 2 of them sold close together and 1 hasnt, then use just those 2 to purchase your larger MF.