Usually it's something like that I feel they are trying to milk the project for extra time when it should be just about done and they start showing up for half days half-assing it while clearly starting another project for someone else.

I am willing to be dollars to donuts that most of your Section 8 tenants are able-bodied humans intelligent enough to get a job and pay their way through life, but they somehow manage to milk the system.

You gave the mouse a cookie and now she is expecting you to give her the milk too. 

As long as you have your due diligence you are as good as buying a property that doesn't say "as-is".For question 2: The biggest "scam" is tenants not paying and milking the system.

The general sentiment that I see on forums is that they have to accept whatever path or outcome that a GP chooses, which is not correct if the majority of LPs are with you. when I worked for syndicator in the 80s thats what happened to them LPs revolted and kicked them out as Gps and took over.. of course this did not solve the issue just prolonged the agony and the attorney they hired milked it big time.. a few years later after capital calls etc all was lost anyway.

Because as a business, you want to milk capital items for as much life as you can ring out of them!

I’m looking for the milk and cookies but can’t find them:( 

You want to milk bonus depreciation and STR loophole, with no intention to operate it as an STR after a brief period.I'm certain that it does go against the intention of the law, as discussed in my post linked  earlier.

My life as a low C-class landlord is milk and cookies every day, chocolates when it rains and flowers when it doesn't.

You might be able to milk the channel why you can but I wouldn't rely on it as a long term strategy.