Are there any folks who have moved forward with Scott Smith and his team who wouldn’t mind telling me how you like there services?

I love it for the guaranteed rent, tenant stability, additional accountability with the housing authority and large demand for Section 8 housing without enough supply.With strong screening, I'm able to find great tenants and Im not owed any rent.Cons you will often hear is that the tenants are harder on your properties (doesnt have to be the case in my experience if you screen really well), the Housing Authority is a pain to deal with (this depends on a couple things - how well run your local PHA is and how good you are at handling process & details) and the extra inspections/red tape make the niche unprofitable (see what I said above about Housing Authorities).Done right, I believe Section 8 is one of the most stable & profitable. 

The house I just bought last week with 5% down was $620k purchase and the PMI is $108 per month, so pretty minimal in the big scheme of things; I would't pay the extra $93k to save $108 per month, that's only a 1.4% premium.

Bette,Great piece for REI's.Like all IRS stuff, there are sublties, so I refer folks to IRS 587, for MORE information than they really want. ha ha

(Could be process, communication, or a number of other things).Now the thing I'll mention that you might want to chat with someone about is that many folks don't take the Sec. 121 exclusion into account for situations like yours.

. $1,520.00•Demo about 12” of walls and rip out entire shower pan and step •Install cement board on exposed wall •Apply RedGuard and Waterproof membrane to shower pan and up the exposed walls •Install new drain adapter in shower floor •Install new tiles provided by client Optional (just in case fixing shower pan does not fix the water leak) rebuild shower. costs extra $5100•Demo shower • New plumbing for a new fixture •Install cement board on exposed wall •Apply RedGuard and Waterproof membrane to shower pan and up the exposed walls •Install new drain adapter in shower floor •Install new tiles provided by client •Client provides plumbing fixture

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

when I think back on customers to avoid.we had a period in the SF Bay Area were a lot of folks came over from IRan after the fall of the shah and I was new or newer..

The folks here are giving you solid advice to do everything in your power to avoid taking ownership until he passes.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!