As Stuart mentioned, it gets even tougher with lower price point homes.

This could lower your resale value. 

Basically, there's no free lunch when it comes to taxes.Depreciating property lowers your tax basis.

Quote from @Emory Clayton: From what I can tell, and my personal experience, you will have to lower standards so the Section 8 applicants can qualify.I'm not a fan of Section 8 because they tend to be far more problematic than tenants that pay their own bills.

These figures suggest the property may be overpriced based on current rents, so negotiating a lower price and increasing rents could improve the deal.

Alternatively, you could potentially have negotiated a lower purchase price… or just walk from the deal if it doesn’t meet your underwriting criteria.

In general you want to be above the mid price point to avoid the lower tier tenants that require more effort, have higher delinquency rates, higher eviction rates, and often higher tenant flip costs.  

This thinking contributed greatly to the market crashing back then and no lender in their right mind would evaluate a deal in this fashion.Lenders will always base value on the lower of the appraised value or the sales price.  

well. lower tax's generally helps RE and business as a whole. will have to see if they come up with something specific like the cost seg rules that are redy to sunset.

It seems they lower the price every 30 days or so.