However, I do not participate in the S8 program and my unit is not approved by S8 for inclusion in their program. minor discrepancy the S8 does NOT provide a voucher for the house.. the tenant has the voucher and in tough rental markets they know its the golden ticket and waive it around as such.. but what your getting at is that hud will then do an inspection and if the property does not pass they wont let the tenant use the voucher for that property until its brought up to standards.but lets be realistic who is going to keep a property vacant just waiting for a hud inspection that you know is going to fail.. 

I have also had appraisers' square footage measurements be off by 40%+ of what the county records say, as well as other discrepancies that could affect the value or saleability. 

@Chris Seveney  The last loan payment was in 2010 -  there's a large discrepancy between their account and mine - that's one of the issues. 

_____(Quantity)__ squares @ $_________/square = Total Cost $_________________.If there is huge discrepancy between bidders on Quantities or $/quantity, find out why.

Can there be any genuine reason for discrepency?

Here are the line-items (most recent year):Insurance: 5,482 (previous year was $2,121 - why the discrepancy??)

I have some friends from school who could be my feet on the ground and may be interested in being the property management part of the business, but I would still be able to get out to the area and get my feet on the ground as well.2) Go turn key on a “distant state” (5 hour plane ride) using a turn key company, coupled with property management, but their seems to be a discrepancy between appraised value and what the turn key companies need to get their profit, so appreciation on resale would be at risk3) Partner with a great property management company (although figuring out if the property management company is “great” is a whole other thing) and find a property on my own or link up with a BP wholesaler on a “distant state” property.

In J Scotts blog he includes closing cost and repair cost when determining Cap Rate, this is confusing me a bit.Cap Rate = NOI / Property PriceJ Scotts Blog Introduction to Real Estate Investment Analysis His example under Cap Rate looks like this:Here is the cap rate for our example property:Cap Rate = NOI / Property Price= $37,169 / $418,000= 8.89%If you look at the blog he breaks down the 418k at the top in the Cost Assumption table: I am trying hard to learn and remember these financial terms but depending on where I read I find discrepancies and it makes me crazy.As we all know the inclusion or exclusion of different factors can change the numbers and make a good deal look bad or bad deal look good.I'm just trying to get this stuff straight so I can create my spreadsheet and know its providing accurate data.

This discrepancy, referred to as "boot," can result in capital gains tax implications.

Due to the size of the check, the bank checked the signature card on file and advised it didn't match, along with other discrepancies they said they couldn't disclose to me.