Hello everyone, I just accepted rent from section 8 and we will have inspection next week.

Once you go down this route, do not accept any funds from her.  

However, if I will get a job somewhere, it will be much easier to get accepted for the loan and I'll be able to do it earlier.What would you recommend me to do and what else can I do right now to prepare to invest in real estate?

Would this increase my chances of the offer being accepted, considering the seller wouldn't have to pay an agent on my side?

If you can accept those terms and have the cash, it can be a quick way to get a property, but if you don't have experience, you'll likely get taken advantage of in some way.

Hey mate,Sorry to hear about your troubles but it's not too uncommon.I've been in the turnkey biz for 10+ years now and have often been called the "bad guy" as we only sell to investors looking to purchase with cash.Many believe that because we only accept cash buyers, that we inflate the properties price which definitely isn't accurate.Quite on the contrary when looking back I feel that we under sold them lolWe can justify every one of our property prices with a CMA independent of our in-house sales.Whoever believes that financing a turnkey property makes it safe is wrong.Most turnkey providers or affiliates push the financing model (Even in today's high interest environment) to make more sales.They have "in-house" lenders or community banks that they establish relationships with and promise large volumes in loans.This in return get's rewarded with various favors and many are easily able to manipulate appraisals.Having flipped over a thousand properties, I know how easily an appraisal can be manipulated so for anything reading, "NO", financing a turnkey property doesn't necessarily make you purchase it for fair market value.To answer your question:When S#%@ hit's the fan like it did for you with this deal, I personally would always look to cut my losses and move on smarter and more experienced.Granted, over the years I have witnessed many investors buy 1-2 properties from my company and expect miracles only to get disappointed. 

My question is, if I accept the payment (the assistance payment from the government to a low-income tenant), will my property be recorded by the government as "low-income" housing provider?

So I would still look at properties that need a lot of work on market and from wholesalers, and keep sending offers until something will get accepted.  

Even if you feel that I should only increase rents, is it still legally acceptable to also start charging for pet fees?

If your lender wouldn't accept additional funds, you may need to look into bridge loans or selling.