There is not one single case anyone can cite where a landlord who had not VOLUNTARILY chosen to participate in the program was forced to rent to anyone holding a section 8 voucher.

You have "chosen" to change your methods somewhat.

Though I expect most people wouldn't agree with the criteria you've chosen.

I chose Nancy's book and I am up and running less then 48 hours later.

The reimbursement of premiums and out-of-pocket expenses, under a properly formed Section 105 Plan, will be an expense to the company, thus reducing income tax and self employment tax, and will be a tax free benefit to my wife.I am aware that I could have formed an S-corporation or an LLC to be taxed as an S-corporation, which would have allowed me to pay myself (i) reasonable wages (which would be subject to self employment tax) and (ii) an owner's distribution (which would not be subject to self employment tax).My question is, however, having chosen to form a single member LLC, can I reduce my self employment tax by loaning money to the company (done properly and documented with a promissory note, etc.) rather than making a plain vanilla capital contribution, and charge myself a reasonable rate of interest, which would then create an interest expense for the business (reducing net income and, thereby, reducing self employment tax) and create taxable interest for the owner (subject only to income tax and not self employment tax)?

With that said, there is a difference between a 19-year-old not having credit...probably because he is too young to have really established much or anything yet...and people who have chosen to live without financing things. 

They've always chosen to stay at all my properties so I give them a deadline to return the new lease and we are good to go.

I could just imagine the scenario where the young couple with a better W2 doesn't get chosen over granny with a social security payment and make the argument that (on paper) they are a better qualified tenant. 

(profits would be proportional to initial investment amounts)- Plus a small percentage of profits from subsequent completed projects (Have chosen a percentage yet somewhere between .5% and 2.5%)So basically this business model would be greatly similar to that of a publicly traded company with shareholders.I know that i would need to be careful of how many partners I would invite into the LLC otherwise I meant end up owing more than %100 of profits to the S.C. members may main concerns are...1.

Sounds like for LL in those areas it becomes a dance you have to do in order to not "discriminate" and allow them to apply, while all the while knowing that there is a bonafide reason you have chosen to not get Sec 8 qualified, and allow the process to be what weeds those tenants out.