Keep in mind that these could be someone that had a personal grievance with him about something but it did mention a real estate transaction my feelings were better safe than sorry.

Both should be 20% max.Tax can be grieved based on your purchase price, so if you end up buying it for 60k, when grievance time rolls around (typically in May) you can reduce taxes for the following year by 40%.If I were to do the numbers assuming rent is $1325, they would be:Vac  106Maint 132.5CapEx 132.5Mgmt 132.5Mtg 228Ins 60Tax 280Cashflow $253But as Mike Borek mentioned, if the ARV was 100k and asking is 79k and all that's needed is paint and carpet, it would have sold already for someone to fix and live in or flip.

Does anyone have a contact at DCHA for grievances or issues needing prompt resolution? 

I imagine some of you have had massive stress and headaches from underwriters so before I whine and complain I'd like to hear an airing of grievances from some folks.

I will tell you that I was a litigation attorney for many years representing banks, developers and large corporations who were sued for an incredible variety of grievances with a dizzying array of legal theories, both old and new, recognized and novel, and nothing would surprise me about the ingenuity of plaintiffs' lawyers. 

Maybe to pivot the question, do either of you have any recommendations or grievances with the software geared for managers with smaller portfolios or the ones that you use?

Mirtha I would follow the Chico School District grievance procedure so that you are procedurally correct.

If I were you, I'd put your grievances in writing in the form of a "cure notice" or whatever you call it in your state.

If an attorney recommended to them to do that I would file a grievance against him for incompetence.When you gift a property during your lifetime the basis of the gift to your children is what you paid for it. 

When you have a house coming out of the tax abatement your taxes are not going to shoot your taxes up so quickly Your best bet at this point find a good tax grievance lawyer or do it on your own every November