Which is a huge waste of time for us if we've been showing houses to that client for weeks or months, and a disservice to our client if they miss out on their dream home.I do know agents who don't work on a specific day of the week (I don't know anyone who takes entire weekends off), and I have yet to see any way to resolve that in a way that doesn't put the client at a disadvantage unless there is someone else available to handle things that come up that are urgent. 

However, there may be some disadvantages.

Both have advantages and disadvantages, so examine your alternatives carefully.

Pros & Cons:Can you list the top three advantages and disadvantages you've experienced with Section 8 rentals?

Being OOS, not knowing all the local laws/ordinances/no boots on the ground really put you at a disadvantage.

The primary reason is that we can not set rent at a level that covers the market rent + the cost of the water because the tenants do not fully understand/value the cost of water and therefore placing our rent at that value places us at a competitive disadvantage at acquiring new tenants. 

He also started to mention the tax disadvantages with holding a property under one year and how it eats up alot of your profits .

If not, you could buy a primary residence with the intent to at a later date turn it into a pure reno ... if so, you could turn it into a rental and invest in your next primary residence without selling ... this way, you could secure a property with as little as 3.5% down on much higher quality assets that have a much better chance at appreciation and you could add some value to via sweat equity and control hands on since they are near to you ... much better strategy IMO ... never underestimate the power of your home court advantage investing locally, or conversely the disadvantage you face going out of state. 

If you didn’t do at least that you would really put yourself at a disadvantage to the competition. 

In addition, many economically disadvantaged people use and rely heavily on the use of space heaters to heat their homes in the colder months.