I do not know if the way tings are managed by PHA is specific to PHA or is a characteristic of section 8 /HUD nationwide. 

Over under is less ideal than side by side, unless something about the lot characteristics requires it.

You are talking minimums of >2,000 acres with ideal sun/wind characteristics (hundreds of thousands in upfront leasing costs there), and millions or billions in construction costs.

The retaining wall was a great way to add utility to space and make what was kind of a awkwardly unlevel and unsightly side of the home into a professional looking conversation starter. 

Greeting all, I have an opportunity in Southlake, TX, and I'm looking for insights on renter dynamics/characteristics there or other areas like it.

Select the filters: Geography > Place >  State > City then use the search query "Economic Characteristics".

I know they’re unsightly so I try not to abuse them.

My question is: does anyone have any experiencing getting conventional financing for a property with similar characteristics or other un-marketable characteristics?

@Matt Fischer some cities/municipalities have a quality of life ordinance in which you can report (anonymously sometimes) violations such as trash left out, visible exterior repairs which are unsightly or dangerous (inadequately repaired balconies, etc).

But, changes to the cap rate tend to lag behind changes to the risk free rateAvailability of debtGreater availability of debt decreases cap rates as more buyers will compete to buy propertyHealth of real estate marketStrong markets result in downward pressure on cap ratesProperty typeRiskier properties trade at higher cap ratesRent roll (quality of tenants, lease terms, etc.)Tenant credit plays a large factor, particularly single-tenant assetsLocation, trade area, site characteristics Gordon Growth Model: getting real nerdyThe Gordon Growth Model provides a more accurate and slightly more complex cap rate formula.