On the flip side, if you've got a bunch of Section 8 tenants living in a building that's in a neighborhood where a lot of the tenant base has good jobs, high credit scores, and are generally reliable people, you've got the most risky tenants in that tenant base and that ain't what ya want.

- Highly recommend REQUIRING tenants to get Renters Insurance and adding you, as the landlord, as additionally insured.

The first agent is absolutely certain the house will sell in the high 400’s.  

All the best, Steven  If you're going to do a partnership or even a joint venture agreement I would highly suggest using a competent lawyer to draft your business agreement.

Streamline your communication process to secure quality tenants.Focus on QualityThe condition of your property matters more now than ever.

I see many people saying oh it is just $100 but as I said it adds up pretty fast and in reality, it is way more than a $100 difference as the price of insurance is going up very high.

Are the units vintage quality with in-place rents $500/mo below current market?  

The deduction is optimized as values increase and can potentially offset the entire net investment (including down payment) for high wage earners.

If the proposed loan is too risky because (1) chance of default is too high and or (2) cost of foreclosing too high or time it takes too long and we would otherwise decline the loan, we might offer to purchase the subject property for a price equal to the loan amount.  

Don't invest in a market if you can't find a quality PM!