Helps with your debt to income, better opportunities at cash flow, and typically requires less down to purchase.In regards to challenges, I usually build in an extra 10-15% to deal with things that I can't see behind the walls, including dry rot, electrical or plumbing issues, etc.

But usually section 8 is the same or slightly above market rents.

I'll usually eat $100 - $200 worth of touch-up cleaning for a long-term tenant.

It tends to hide marks better.Walls: Neutral tones like SW Repose Gray, Behr Swiss Coffee, or Moore Classic Gray are renter-friendly and modern.Trim and Doors: Use a crisp white like SW Extra White or Moore Chantilly Lace.Accent Walls: For a touch of style, consider an accent wall in soft blue-gray. 

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Would the person who takes on more labor to repair the property have greater preferred equity or is this usually treated differently?

Rates will usually be in the Prime + 3-4% range if you are trying to max out how much of a line you can get.  

If I sense the buyer is cut from this fabric, I will negotiate extra hard against repairs to the extent they simply walk.

For my units, I usually look for someone with annual income 40x the monthly rent so I know they are financially secure. 

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?