If you sign a lease with a nursery school teacher and CPA with credit scores of 800+ with a 3-year-old, what’s the likelihood that they will suddenly start cooking meth and destroying your property? 

At the public hearing, I destroyed them on the record.

I live in Georgia and the hurricane destroyed the roof.

Flitting from owner to owner is a great way to destroy one's reputation in an area as well as a very time consuming way to lose money.Abandoning a lease opens up an MTR operator to being sued as well.

I haven't been expanding my business with LMHA since the end of 2016 per my posts above so I don't know exactly what changed, but I expect the outsourcing of inspections to private industry + some executive level leadership + replacement of staff with new faces excited to serve the needs of HUD/Landlords/Those In Need has resulted in an agency I will develop more business with.The HCVP will always be a double edged sword for landlords (See Section 8 Bible discussion) but for now I have discovered it is finally worth the effort to participate in the program.I specialize in Toledo's transition neighborhoods, discounted houses on the edge of nicer areas but also on the edge of trash...the Section 8 program allows me to get long-term tenants who are a good business model provided they are consistently managed and visited/inspected for additional "visitors" (relatives and random dogs/cats) and damage/housekeeping which can destroy a home if left unchecked.You need to know the rules, repair and renovate for long-term durability, prepare for inspections thoroughly and keep a team of contractors who will hold those standards...after 8 years we have been through a hundred inspections.

My family sees no end in sight to this trend and it has destroyed all of the cash flow they once received.

In addition, the wrong people will destroy things and there could be high theft.

By installing our own, we remove the wear and tear and damage the tenants do by moving W/Ds in and out and hooking them up wrong (which is common) and using cheap components that cause leaks and destroy floors and walls.

This would mean your class of tenant causes more damage than expected, or hail destroys your roof *every 5 years* or something similar.

Agreed, and in many cases, insurance is destroying cash flow if not pushing it into negative territory.