I'm not saying you shouldn't have one, but it shouldn't stop you from taking action either. 

Quote from @Michael Fish: Hello,Just stopping by to comment.

It has had a large pricing recession, and that has continued even after the interest rate hike stopped (and only recently seems to have stopped).

Well owners who already had section 8 tenants in place didn't want to spend $5, $10, $15k or more upgraded a unit that has a tenant in place just to maintain the rents they had (or have a slight increase) so a lot of section 8 approved properties stopped taking section 8.Right after COVID though, it seems that section 8 has lowered their standards a bit.

This used to be a non-issue for FHA buyers up until 10 years ago when HUD stop allowing buyers to use their appraisalsKeep in mind your agent is not dealing with HUD directly. 

There have been issues with environmentalists who want to stop it or have it moved as there are would be in any country across the world so that might be what you're referring to.

And in 10 years, if I decide to stop building and holding any more, will be worth 15 to 18 million and I'll 6 to 7 million  (9 to 11 million in equity/net worth) that will be cash flowing 250k to 350k a year.

Fortunately, many of our investors had been through the foreclosure process before with Capella Mortgage and they knew how it worked, and they knew how Matt and I never ever stop working on their behalf and that we would make sure it worked out in the end. 

When adversity arises, its very easy to shut down, stop communicating and toss around legal threats.

The hardest part is finding the right people  to talk to i.e sellers, lenders, contractors, and not stopping until you find them the rest will fall into place because you have thw info in your head and a mentor(jerome) that will guide you when you get your deal rolling.