Real estate is a long game :)Food for thought, especially with a family.  

You will probably want to engage an engineer to provide an engineered plan for the lots and attorney who frequently presents variance cases.

With $1100 in cashflow, a skilled investor who understands the section 8 program can kill the game.

We cannot breach our guests' trust by playing games with them. 

Just keep in mind the process can take a little longer since you’d need to work with contractors and follow FHA’s requirements.4.Your End Game: Whether you’re planning to stay long-term, rent it out, or sell once the work is done, it’s important to have your exit strategy mapped out.

With a large portion of the incoming migration coming from international residents moving to the District, emphasizing improving and bringing back Washington D.C. sports teams to the city should create a strong desire for domestic residents to want to live near a fun, community engaging activity that is very relevant to those that live in and around the city.The District also has other programs it is running to make the District more attractive to live in outside of just working in the area, such as the Office to Anything program (Source) and the Housing in Downtown program (Source) which will incentivize developer through tax credits to convert office buildings into new construction housing and new construction retail properties, which should continue to attract more residents back to the area.D.C. also understands that with all of these big changes we have seen, the strategy and allocation of resources from the government moving forward should be reassessed to create a city that is adapting to the future trends to remain a safe and desirable place for residents to live.

2) Many flat fee PMC's charge whether property vacant or occupied, tenant paying or not.Lots of games also played with Maintenance fees.

LOOK at what ADVANTAGEOUS, what competitive edges do you have, how can those be best used to engage in the opportunities at hand. 

Don't hate the playa, hate the game.

Based on some of the previous similar threads, it seems that having a good cross-border team is a crucial step in this game.