You are starting to hear the more conservative approach more often with the current economic conditions. 

So I just saw this post about Section 8 HUD tenants, and this post stated something along the lines of section 8 tenants being more likely to damage properties because they're section 8 low income tenants, and also something about investors not wanting to put money needed into Section 8 properties because they think they're just going to be ruined by these Section 8 tenants, and as someone who knows the entire process with investors, owners, contractors, tenants, and prospective tenants, this is what I have to say about it:In my experience, Section 8 HUD tenants are actually better custodians of the property because of many factors, but 3 of the main reasons being, there is an annual HUD inspection that is performed on each property, so this gives the owner an extra 'protection vector' against damages, also, the initial placement of a Section 8 HUD tenant requires a passing HUD inspection, therefore there's a record of the property's initial state prior to move in, and additionally, they want to have an easy renewal voucher process annually, and their unit remaining in good condition is an incentive for those reasons, therefore they are LESS likely to damage a property - their future depends on it!

Lenders are gonna want to see profit and loss statements, rent rolls, property condition assessments, the whole nine yards.

Many carriers have ceased offering new policies or will only accept properties in very nice condition with verifiable updates to the roof, electric, hvac, and plumbing.

You can identify problem settling areas that may cause problems on newer construction as well as old, and on old you can take a look at the condition of the pipes and get an expert's opinion on them.Good Luck!

Repairs generally include work that maintains the property in its original, operating condition without significantly enhancing its value.

This is fairly common within the industry and a way to reduce administrative costs considerably since you’re not repeatedly negotiating the base terms and conditions of the contract.

Cap Rate is a static measure based on the property’s income-generating ability and current market conditions, making it easier for direct comparison of properties. 6.

They keep the property in a condition that it appears owner occupied with a pride of ownership.  

Yesterday I went to the home to see the condition, there was no car on the driveway… I opened the main door to peep inside…looks like they still have lot of their stuff inside and I can smell bad odor; I just closed the door and returned back.