Those Landlords that are so tight on money will chose whomever can come and give them cash now so that they can pay their bills tomorrow as they have no reserves to float it for 30 days when Sec 8 catches up with everything.Of all the tenants that I have had on Sec 8 over the many years the only real problems I have had are with those tenants that game the system.

Mainly due to aggressive underwriting as apartment prices shot up and they started getting floating interest loans to make the numbers work.

This falls under section 6.01 of that revenue procedures each year, the most recently applicable would be Rev Proc 2024-23, but the same language has been floating around in this annual Rev Proc for closing in on 10 years - note there are various caveats so this isn't a blanket statement on all changes related to depreciation expense changing in the second year.Before this, the mindset has been that one was required to amend, given except for this language, per the IRS one has only adopted an accounting method if they have used that method for at least 2 years. 

There is a reason they have such a large presence in the grass roots racing and drifting paddocks!

I am an " Internal Travel nurse", which means I will be floating from 8 different hospitals owned by the same company.

On top of that these people have to take off work, skip jobs, they are already floating the cost of a lot of work, now they have to float the cost of the lawyer/court costs - it's generally not beneficial to either party.

The buyer was informed that the interest rate will be floating because the construction completion date is further away (5 months) according to the preferred lender.

Using floating rate debt at very high leverage and with little to no experience operating a complex property such as multifamily is a recipe for disaster. 

As a lender - 1) investors that are just starting out normally float towards high leverage/high rates lenders (lower margins and more risk); experienced investors normally go with lenders that can close fast, reliably, and with low fees.

More than likely you should be able to find meetups floating around everywhere.