In this part of Arizona, since there is so much vacant "useless" land that people just let go, not realizing what they got - remote, off grid land, with no water and in many cases no roads to them -  when they purchased it for pennies, it is common for "hobby" investors to foreclose on their own, so much so that many counties have self help packets to foreclose the properties which is what I am interpreting. 

@Doug Pretorius has long used lease & purchase options as a core business practice and would have a better idea of what is still possible in Canada and where you might dance the the grey areas w/r to recent CRA interpretations.

The government taking a broad brush stroke to interpret vague language the way they want to doesn't cut it.

The way I've interpreted it is that everything between a tenant and landlord is the same for section 8 as it is for non-govt funding.

Someone who will be on the lease as an adult signing the lease, who intends to live there.A co-signer is mommy or daddy saying they'll pay the bill if junior doesn't.All I see on the screenshot you provided is two declines.You're right to decline them based on your own interpretation of the situation - late pays and debt to income ratio.  

It would be up to your particular federal judge in how he/she interprets that section of the code.

Basically the way I interpret that (and hopefully the correct interpretation) is that even if they prepay the full year, I just have to let it sit in an account and draw it month by month.I guess that is better in some respects that waiting for them to mail or otherwise deliver the rent, but the main reason I would like prepayment of rent is to USE it, not just let it sit.

And, much like what we as REI's deal with in Dodd-Frank, much of the application of HIPPA has not been fully defined and can be interpreted very loosely.  

The local courts are going to be used to seeing the Realtor lease, and already know how to interpret it.  

They learn how to look up laws and interpret them, but just because they are a lawyer, doesn't mean they actually looked up all the laws.He sounds like a jerk, actually.