I can tell you about my experiences making offers in SFH  A  type area.Some people, agents have a bad idea about investors, that they are cheap, low balling, etc.So, they are not wanting to deal with investors form the get go.I think there is going to be a big wash out, margin squeeze of investors to much demand for too few SFH.

We washed the walls with a mild detergent to remove all dirt and any cooking grease before priming.  

Exterior 1.)Left front Corner of home2.)Right front Corner of home3.)Left rear corner of your home standing back as far as possible4.)Right rear corner of home standing back as far as possible5.)Air conditioning unit6.)Tree Houses/sheds/barns/fencesWater Heater 1.)Picture of the water heater to include the pipework exiting the heater2.)A picture of the manufacturer/information label if accessibleAir Conditioner 1.)Air handler 2.)Manufacturer Label if accessibleElectric 1.)Clear picture of Panel (s)2.)Manufacturer Label if clearPlumbing 1.)Image of plumbing under bathroom sink2.)Image of plumbing under kitchen sink3.)Pipework and hoses connecting your washing machine to the wallInterior VideoPlease take a walk through video of the main living areas of your property, please provide narration as you film.

That sounds like it could be a good cautionary post if you wouldn't mind writing it up and posting pictures of the carnage.On the rent payment, I suspect it would depend on if there was proper notice from the tenants of the move-out, and since they did carry over possession into the following term it may just be a wash in terms of the Section 8 portion, as others have said.

Obviously it’s not 250k because if it was he wouldn’t have any issues.

Having 6-8 people that wash their clothes 2-4 times a month would provide an additional $50 or so.5.)

Washing machine in the kitchen area and dryer out back.

Power washed 3 times.

Very true on your points, but I’ve read several different opinions on this very issue, especially if the equity is a wash with the investment itself, especially initially.

Newbie out of state investing is a wash.