The background check is supposed to identify the amount of risk, then you determine whether you can mitigate that risk or not.

The premise of those opportunities are based on you living there for an extended amount of time.

The owed amount is around $183,000 and the estimated value is around $250,000 the last time I checked.

@Jonathan Bombaci recommend using that amount as a bargaining chip for lower rates.80% of evictions are wash, rinse, repeat. 

And I'm assuming the comp is typically 1 point, i.e. 1% of the loan amount?

So at this point given the large amount of income that the wealth management company kicks off, this very nice profit from the real estate portfolio is looking less and less attractive every year especially considering the time and mental real estate it takes up for her and the tax consequences.

In that case, assuming you have proof of funds for closing, based on the case law Tom provided, you probably have a good case that will likely cost you a decent amount of legal funds to pursue. 

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

That's pretty much the only way you can consistently get higher than market rent via S8.Also, don't make the mistake of assuming the S8 voucher amount is 100% for rent.

Then I save that amount each month in reserves until I need them.