My only backup plan if I can't get verified funds is to assume the worst and to drop my counter offer even lower than my original due to the risk I would be taking on, and then when I do my in person inspection try and guess what rents are fair market for the empty units, and ask as many tenants as I can what they pay in rents monthly.

We are working out how to fairly distribute the cash flow so everyone is compensated.

Maybe they communicate differently but have good intentions.

And when it does move up it also hurts the borrower by likely reducing his home’s fair value if he were to sell.Let’s say a borrower wants a $600k house and is chewing on fixed vs AIO.

How has tenant communication and compliance been?

Properties like this interest me because of their cheap price and fairly high rents.

The decision would be based on the income situation, so I'm not worried about violating fair housing laws.Lesson learned...

., inspections, tenant management).Analyzing Deals: With Section 8 properties, it's crucial to understand that Fair Market Rents (FMRs) aren't guaranteed, and neither are rents overall.

This is fairly standard in the Westchester area given most homes are 100+ years old and the building code / inspectors didn't really come to power until the 70s or 80s.Likely your real estate agent will note the issues. 

How fast do you expect communication?