Funny story is my ex wife's mother went to grammar and high school with OJ.

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.

Leveraging our market connections, we identified the property’s potential and negotiated favorable terms directly with the seller, securing it at a highly competitive price.

Here's a https://www.irs.gov/businesses/cost-segregation-audit-technique-guide-chapter-4-principal-elements-of-a-quality-cost-segregation-study-and-report to the IRS website noting specific items that are included in the cost segregation study report. hmm, that website is a 404 error.  

Most seller's in a sub-to don't understand the risk they are taking and most lenders have concerns over the overall portfolio quality ratings which has an impact on their cost of funds.

I highly recommend finding a broker and have them find a policy that meets your specific requirements.

He told me he owned a few mobile home parks in town (they were large and had high lot fees) and this is what sparked my curiosity.

I get FinTech is a high-risk activity, but imagine the industry will consolidate to one or a few strong players.

Is my thinking correct that homes in highly appreciated areas won't benefit as much from Cost Seg. 

Your credit score is high enough to get something done, but whether or not that delinquency will fly is going to depend on the lender/underwriter.