Anyone here can confirm that the rent from section 8 is close to the payment standards for the respective zip codes?

So I was just wondering if its the industry standard for that type of purchase.

Take the year to do powerful renovations like the kitchen, adding bedrooms and bathrooms and updating what needs updating (up to the standards of the other renovated homes in the area).

Within 6 months of putting the property on the market, we sold the now warehouse facility for $1,075,000.Let us know your thoughts about purchasing below TRUE market value, and strategies you’ve used to build real estate equity/wealth.

So our standard two story is 9ft on both levels. our single levels are 10ft and higher with large vaults and really cool beams in the great room and the primary.. 

@Robert Piercethat's pretty standard

Getting it under market value would be a bonus.So, would using an FHA 203k renovation loan, which would allow me to buy something unqualified for a standard mortgage, which would weed out a lot of competition and push the price lower.

A shorter term tenant could do fine for you because they are not bad but just people in transition, so you don't lower your standards. 

It wasn't until the Garn-St.Germain act in 1982 that they started becoming standard.

Most of the buildings were older and many weren't built with laundry facilities.