For those with coverage, whether an occurance of it is covered would be based on how it occured and did/should you have knowledge about the potential for mold.

We learned a lot about project based Section8 buildings, but are now actively pursing more projects like this.

Quote from @Robin Cloud: It's hard to make a decision based on this.

Some tenants even sort based on sub-structure so just making sure all of the details are as precise as possible. 

Set a reasonable salary for yourself (based on market standards) to ensure a stable income.

With 179 you are going to be limited based on your percentage of business use with the vehicle (so still need to track mileage), and if you go under 50% business use you can end up with a recapture of your prior 179 deduction - income with no related cash flow is always a bit uncomfortable!

I have a Florida based lender who helped prior clients of mine from Canada with their commercial real estate purchase.

Another thing to consider is are you basing the 3x rent on her initial application? 

I don't immediately see any reason that their basic home value and rent indexes should be considered fundamentally flawed based on that connection.

The garage does have electric ran with a small meter base.