The PM must show the rent income collected less the mgmt fees and other expenses, distribute the remaining amount to the owner. 

These markets feature turnkey properties, such as new builds or fully rehabbed homes that are tenant-ready, with systems that still have about 10 years of life remaining and property management teams already in place.

Builders can offer those crucial incentives, and the homes themselves often come with modern features and energy-efficient designs that make them even more appealing to buyers.Looking ahead, it’s clear that new-home sales will remain a bright spot in the housing market.

I pulled $35K from my wife's roth IRA principle and took out a $50K 401K loan for the remaining down payment. 

Yes, even the best system will see a bad tenant get through, but we've found that raising the bar cuts out 90% of what we have to eventually deal with, and for the remaining 10%, if it's a tenant who's always paid in good faith, we try to work with them within the month and, if it doesn't pan out, we move straight to the hard talk.

People want to live here, demand will remain high, and appreciation is how you build wealth (not cashflow.) 

What are some cities that might provide cash flow, but remain affordable?

My question is: could the current tenant (age 59) remain in the property if she becomes eligible for Section 8 assistance?

You are using both tax sale and mortgage foreclosure in your posts, so I can understand why this post went unanswered for so long.If we are talking the upset tax sale, the simple answer is that the liens remain in place.If we are talking judicial tax sale, the simple answer is that the liens will be divested (at least for those where proper service of the notice of tax sale was properly delivered to the lien holders).Which leaves mortgage foreclosure.

In this post-pandemic landscape, metropolitan areas remain the hubs of economic activity.