Price for this property is based on recently sold comps in the area and the condition of the property. 107 Ellis has had both units renovated completely.

Listing photos can often hide the true condition of the lot of things.Second is like Alecia noted: locals MIGHT know that the area is only going to attract subpar tenants.  

As long as you can prove the costs are directly related to restoring the driveway to its original condition, it's reasonable to charge the tenant for these damages using their security deposit.

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!

One condition of this grant is that we cannot sell the property for five years, and if we refinance, we can’t take any cash out—it must be reinvested into the property.

Rents are determined by condition and location. 

I am not opposed to people turning homes they lived in into rentals under the right condition. 

We bought properties in some of the nicest areas in town, focused on appreciation, and houses that just didn't need much from us because they are in excellent condition.

It's hard to beat California weather.

Are you still working to satisfy any Conditions/Stips (such as providing documents, etc)?