If you're going up against cash buyers or other lenders that are closing in 10-14 days, your 30+ day offer is immediately at a disadvantage. 

What are the disadvantages of renting out my property to tenants who are on the Section 8 program?

This can also be a disadvantage.

They have the advantages of other HMLs but also the disadvantages - namely points and higher interest rates.Ours for instance do not come with rehab money.

You are already at a disadvantage calling them.

Read up on your state laws please because you do not want to do something that could put you at a disadvantage for the future or for negotiating a new lease.Put yourself in their shoes and try to see it from their perspective.

@Min Kwon There are a lot of investors and real estate professionals on this forum that should be able to give some great advice and help you reach your goals.My advice would be to study the market and the submarkets because each town and even neighborhood can have their own advantages and disadvantages.

I am not sure if there will any disadvantages in the future if I take the courses through OREA and will be required or not to do them again later on.

In Birmingham area, you later default on your agreement, you are at an extreme disadvantage in court when you default back to original Owner when they have clearly thought they sold you their property and mortgage and gone onto another.

It is way easier now than when I started, pre-Web.That said, you really are at a disadvantage if the strategy requires boots on the ground.