@Daniel KimBuy and hold in Columbus, OH - much higher rent to price ratio than LA I invest in Columbus RE, huge growth to come from recent additions to the tech sector (google, intel, amazon, honda, and many start ups).

Check with the City or government entity who determined it's uninhabitable to find out why.

So i would check out the local government for section 8 payments in your area.

Well, I will tell you how I did it (or you can just listen to me on the podcast in my signature below).I spent a career working in local government.

They are already inheriting my property; the government isn't required to benefit them even further.

Andrew the issue is your counting on these wraps to pay like a government guaranteed debt instrument.. your wraps will fail thats a given.. the issue is now you have a non paying homeowner who you have to foreclose on whilst still making the mortgage payments tax's insurance etc.

Also, if the new buyer defaults on the loan you'll lose your entitlement forever unless you (or someone) pays the government back whatever they paid on your behalf.

Zoning must be residential, recreational, forest, or agricultural (remove the commercial, exempt, government, etc.)5.)

San Antonio has experienced steady economic growth, fueled by a diverse economy including sectors such as healthcare, military, tourism, manufacturing, and an overflow from the Austin market. 

Plus you never know what the government could do in potentially changing the rules.