it looks like you have found out - correctly - that the vast, vast majority of properties for sale aren't good deals from an investment perspective. 

Looks like they’re still operating at a loss if I’m interpreting correctly.  

@Curt Smith @Jay Hinrichs are both correct.

They will not finance new construction correct? 

Correct, Shelter will be under use group 3, which will need a special permit to be allowed in M1-1 Zoning.

Hello Zachary,  You are correct in looking at the Mid-West for cash flow. 

Keep in mind magistrates deal with MANY MANY cases involving small issues so their rulings OFTEN may not follow the correct technical application of the law.

Please make sure you have all the correct disclosures and everyone knows what's going on so you do not get in trouble or anyone else.  

You are correct; I made an assumption that we wouldn't be able to sell through a realtor based on the factors against us.

@Jeffery Jones As someone who owns 6 single-family homes under the Section 8 program and runs a property management company that manages over 100 Section 8 properties, I’ve learned a lot about the ins and outs of the program—not just the idealized version often shared on social media.If done correctly, Section 8 can be a great way to diversify a portfolio.