Only exception is "blood or flood" emergencies (everything is an emergency to a tenant).3) whatever your tax professional recommends.4) Any way but NOT picking rent up or accepting cash - unless tenant direct deposits to your bank account.5) You'll want to improve your lease over time as you deal with tenant issues.

Was the hard part finding a property that was affordable enough to fit within your criteria or finding sellers who were willing to accept your low DP offer?

If he/she is there on a work permit or study permit I would ask for that paperwork including job letter and/or acceptance letter to school.

Will SAHA pay more for me to accept a section 8 tenant over a market tenant?

@Robert RuschakNot an attorney but I asked mine out of curiosity and “it depends”If for example the price was supposed to be $500k and marketing, advertising and discussions were based on this and the contract accidentally listed $400k, you will most likely not get it for that amount - of course it also depends on the state etc.This is a lot different than you offering $5400k, them accepting the offer then the contract was written at $400k and they come back and are like oops.

Later, once the offer is accepted, check with the 4-5 lenders on who can give me the best terms?

I appreciate that, thank you; yes, I won't accept him back and I already have some solid GCs lined up to hopefully see this project throughThanks,

There may be a company willing to accept it as there have been no claims and the roof will be repaired by the association (knowing how long it will take should help). 

Any guidance is gladly accepted and welcomed.Thanks,NickTake all the prior advice given and trash it.  

DPA's can cover the down payment and closing costs the tough part is getting a seller to accept the offer over a buyer who is either paying "All cash" or one with a larger down payment.