Sometimes it’s surrendering the ability to get your money back at all… see this thread on Norada Capitalhttps://www.biggerpockets.com/forums/960/topics/1196567-nora...Unrelated to any investment I have made or even real estate, I have watched both my parents fall victim to clever marketing scams where they lost a combined 6 figure sums - both from in person marketed investments… so not something like a phone scam… but was a private placement “opportunity” not unlike how a syndications are offered, where management siphoned off investor money and used it for their own purposes.   

USDA is zero down - which solves that piece- for some.That these programs can be combined (stacked) together is what helps create a more affordable payment. 

Combine the basement with the 1st floor unit and remove the kitchen. 

I would like to do a combination of both flips and rentals depending on what makes the most sense for the property location and needs.

I understand your point but but strong language like that, combined with the overexaggerate of the news and their storms of the century that actually never happened put out a little bit of a unnecessary fear out there , I get it tho , there’s some truth and practicality to it , I must admit the high insurance costs and hurricanes have caused me to rethink the investment location, but I’m not gonna tuck tail and run in fear quite yet because who really knows if this is the new normal, and even if it is people live and invest in Florida coasts  because it’s Paradise for most of the year and they love it and accept the risk . 

I know we're in a good position because the sellers will now have to disclose some of the crap-ton of problems their place has and the foundation expert said that by refusing to fix the foundation they may end up having to be in a "sold AS IS" position which will drop the value significantly. 

Once we refi, cash flow for both properties combined will be about $1400.  

We aren’t looking to pay one of those “guru’s” that feed you a bunch of crap.

Combine those facts and it seems logical families will opt to continue renting in the city longer in lieu of perhaps buying a starter home and they grow out of the apartment style housing units.

The property in combination with the local market has resulted in a very large # of applicants having section 8 subsidies.My company has only had a handful of section 8 tenants apply in the past but have never had any that ended up leasing from us.I'm looking for advice as to what questions should we be asking of section 8 tenants?