They lived subprime and are still haunted by mistakes the government made along with greedy lenders.

After Hurricane Sandy in NY the vast majority of the houses on the South Shore of Long Island were lifted through various government grant programs.

These will certainly specify the jurisdiction and venue for any disputes, as well as the governing law.

I only sold a few amount of properties but the values of the homes have increased.The government is making less affordable homes(Impacts supply)A lot of the points you suggested such as selling costs and having to rehab the property before sale apply to both cheap homes and expensive homes

Certainly not afraid of it -- the government red tape is Partly a question and difficulty removing a bad tenant is probably he biggest downside - that goes for any property though.   

I rely on personal care assistants (PCAs) for daily help, which are fortunately covered by government benefits.

It just seemed like a good strategy since these were government backed rental payments

There is usually one for each State/Couty and a few Government DPA's that will cover down payment and closing costs as well.

Why would any landlord list their properties for LESS than what the government is willing to pay?

Hence the scariest word's in the English language; "I'm from the Government, and I'm here to help"....