I see Section 8 as being a great way to help with guaranteeing a portion of the annual rental contracts.The city of Detroit allows a max. of 1.5x the monthly rent to be required as a security deposit (to help pay for any damages that may incur).Also, I would required myself to set aside ~$1,000 annually (over 1x monthly rent) to help with any vacancies that may occur between tenants (see Annual Operating Expenses above).Upside:If the cash on cash wasn't enough to make your mouth water, then I offer an additional option of financing the property (post-rehab) in order to provide the liquidity required to repeat this process hopefully every 1-2 years !

You have a bad taste in your mouth - I get it.  

I apologize @Jon Holdman, I did not mean to put words in your mouth.

Put your money where your mouth is as my Dad always used to say.

That really speaks to your integrity and willingness to put you money where your mouth is. 

Or maybe it's time to scrape and start over again, bigger and more units, or maybe that bitter taste in your mouth has you thinking mini storage or a parking lot, or green house for one of these CBD outfits.In short think about things in terms of cash flow vs head aches plus time, not doors.

The bottom line is the so call mentally of low income is ignorant theives and bumbs, you guys are trying to put foot in your mouths.

So, open your mouth at your risk if you're doing something illegal.Next, under the SAFE Act it will be very easy to nail scoundrals, cheats, thieves, scammers and ripoff installment sellers that put people in deals, collect a down payment, then declare defaults, (the rinse cycle) and go on to the next buyer (the repeat cycle).

Bedbugs will put you in some serious trouble and will leave a bad stain in your mouth

This tells them first of all that you value their time, and second of all that you will put your money where your mouth is.