I handle several section 8 apartment unit properties so it would be a pretty simple matter to evaluate the rent rate through government support, guaranteed rent definitely helps me sleep at night (provided our president doesn't shut the government down long enough for HUD to delay rent payments).Let me know if you want to seriously run the numbers on this place presuming you have the equity to get financing on this deal (175,000 for 10% down, $87,500 for 5% down, etc).

But the handy man is there for an emergency, broken window, sump pump problems, door won't shut etc.I want guys working on my houses that do not have that creepy factor, it sounds a little silly but my tenants are about 75% female college students so I can't have guys lingering around, they need to get the job done and get out.

I keep getting shut down by the big banks when I tell them I want to develop a partnership and explore flexible lending arrangements...

In a similar situation, I often see churches in the Baltimore tax sale.

A fellow investor/quasi-flipper just got shut down (it's been 2 months) because of code violations.

check that nothing is blocking water shut off valve in garage and water heater too.We check there are no extra pets

The local banks have shut down, and only the larger banks have locations here now, and not interested in lending to people to buy or flip these buildings. 

At the end of the day, enrollments may decline but unless the university shuts down there will be a need for student housing.

Well as the sweat started to develop on my forehead I reached for my phone to shut the ringer off because my son was calling and in the progress as I was telling them my offer I dropped the phone and my iPad both at the same time.

@Jay - Every state has different regulations when it comes to shot sales, and I don't know about the West Coast but on the East Coast if you don't follow the laws they will shut you down.