There are also very stringent timing requirements and receipts of the proceeds from the sale around 1031's. 

This is a common issue, but having stricter cost control measures or a contingency buffer in place could help on future projects.

It is very simple.IF and IF the GP uses 30 year financing (just assume this product exist), even with variable rate every 10 year, then this problem never exist.( The very beautiful thing about 30Y fixed rate for residential guaranteed by gov. is that the equity owner is forever in good shape financially ) ...So imo CRE is not speculative, but most investor has no clue to measure and understand the impact of interest rate, cap rate and short term / long term financing and fixed/variable debt.From an academic perspective, I agree with you...CRE should not be speculative but as @Brian Burke pointed out, for conservative operators, there were NO opportunities during this time period because all of the speculative operators bid up the prices to insane levels and they relied on rubes like me to fund this speculative bubble.

Hello , l am just starting to rent a property out to section 8  tenant , what are the things to do to minimize/prevent  section 8/regular  tenants  from messing up the rented property . Thank you for your answers . 

I had also seen a year or so ago that the community wanted to put more restrictions and require a local contact, and limit on number of permits , but haven't seen anything more stringent since that proposal failed.If you can share your experience, I'd greatly appreciate it!

Because it's legally required your property be up to NORMAL working standard measure. 

Most of it CAN be put on a schedule, weighed and measured, so mathematical decisions can be made. 

I use the average credit score of all of the adult occupants measured against my minimum. 

We specialize in owning and operating (we are vertically integrated and manage our own properties) multifamily in markets that have good job growth and good population grown but are underserved and fly below the radar.After underwriting many deals in the North Carolina markets for almost 18 months we found an off-market deal that met our stringent underwriting criteria.

Population growth is an easy measure of demand increasing.