Hi David, you need a discounted propety, have you tried hyper focusing on off-market properties in your desired area.  

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Did you issue a formal notice, enforce any lease penalties, or take a different approach?

His site makes the following claims:"We are honored to partner with the City of Fishers to build this vibrant community near downtown.

The FHA rules/regs (in particular the FHA self-sufficiency test) are applied the same across all markets, and I know for a fact that in rural communities across the country, and big cities that are not particularly desirable places to live, it's not a deal-breaker, I am not commenting on those areas. 

Quote from @Yael Doron: Hi BiggerPockets community,We’re a young couple just getting started in real estate investing, and we’re particularly interested in BRRRR deals in Queen Creek, Arizona.

If the house is under water with the OCWEN mortgage, then approach the mortgage holder about a short sale. 

This is where your focus should be, not buying section 8 rentals or focusing solely on increasing your portfolio by 2x, 3x etc.

I noticed that its mostly for fairly large multifamily properties, like 100+ units.All other things being equal, at what property valualtion do you think it starts becoming a more reasonable approach?

🙌 I love your focus on helping others achieve financial freedom through real estate – that's what it's all about!