I understand that but when you get these tools you hold them in your hand and lay eyes on them and would know if there is obviously something wrong with them. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

The ability to settle with permits in hand reduces risk and is a far more efficient process.

@Jason Wray - I've only spoke with a handful of lenders, so far none have offered 10% down.

There’s a strong demand from investors who specifically seek Section 8 properties for their reliability, so it can make the listing more attractive to the right audience.That said, managing Section 8 properties isn’t completely hands-off.

I live in the Tyler, TX area, but I hold my mortgage licenses in Pennsylvania and Texas.

The vast majority of your wealth gain in real estate will be by holding properties long term and the appreciation/principal paydown will slowly but surely help you become wealthy.For 90% plus of people out there who are looking to start, house hacking is the best way to go.

Hard money/private money and private investing/investors go hand-in-hand.

Here are a few stats which should raise an eyebrow about Detroit $1 billion invested in more than 4,600 units of affordable housing over the past five years Job growth with more than 25,000 more Detroiters employed since 2014 A return to investment grade bond status for the first time since 2009Reductions in crime beating national trends, including the fewest homicides in 57 years Successfully hosting the largest ever NFL Draft at 775,000 people over three days In terms of starting out in Real Estate it also makes sense to invest in Detroit considering that the entry costs are low and if you plan to buy and hold, Section 8 makes for a great partner to insure steady rent payments.

Unless you're handing down to family, maybe its a good time to sell.