Add in, that you'll prob have to collect a co-pay from lower income people.Not seeing a big advantage (nor dis-advantage) either way.Steve, back east in the mid west deep south and rust belt  Section 8 pays SUBSTANTIALLY higher than market rents..

Deep SW florida has been mentioned over, and over, here that it's due for a correction.Austin is also getting smacked, but the time has come to enter. 

Most importantly: theft, deep cleans, odor removal, stained linens.

PS Rochester and Buffalo were ground zero for much of this stuff also there were groups buying those homes for 10k packaging them up and selling them for 80k to investors from England. the city / state finally cracked down on that and there was some folks that got in trouble on the criminal side of it.. you can google it.. wont mention names but you can find it if you dig deep enoughBut this is nothing new.. buying hood rates for pennies and selling them for dollars to foreigners and unsuspecting out of state folks. 

The building has been on the market almost a year and is probably still a bit 'overpriced', although I have yet to do a comp deep-dive with my agent (soon!).

By buying at a deep discount we have over $16,000 in equity on day one. 

I took a deep breath, explained the situation and where i was in the process and the fact that he signed a renewal of an original lease. 

(Long time home owner but this would be my first rental so I'm on the edge of the diving board, looking down into that deep dark pool.) 

Instead of chasing the latest hot market, focus on investing where you have the upper hand—where you have a deep understanding and local knowledge.

Rather than digging in deep on one guest, it would be three shorter guests talking about specific topics.