But generally for the class B and class C properties you can expect cap rates of 7% to 9% in the mid west.

Class of 2000 here, and take a look at the basketball schedule with the Aggie top 15 basket ball team.  

Quote from @Levi Perl: Have a class C property. 

Maybe the 600K property area goes from an A to B class area, while the 300K goes from C to B class? 

Anyone telling you to buy 80k properties in class D neighborhoods and rent them to section 8 for 2200/m is not doing you any favors. 

. #922-2, pp. 86–95) (noting that upwards of 90% of transactions on the Subject MLS offer buyer agent commissions of exactly 3% during the class period, with the exception of the MARIS MLS consistently offering 2.7%)....Although it is true that a nominal commission of $1 would satisfy Section 2-G-1 and Defendants agree such nominal commission is mandated, Plaintiffs have produced evidence that no transaction within the Subject MLS took place using a nominal commission.

If you are asking why real estate, it's not for you because you are asking people to convince you about an asset class you somehow have determined to be not good for you.

It would leave your net worth really skewed into one asset and class of asset. 

Quote from @Jessica Cook: okay , thank you for your advice .I currently have the property under contract so as of right now  I should try my best to make it as good of a time as ever . 

Remove those and the Net S8 Rent will be market rent.Typically, the only way to get more than market rent is by buying in Class D areas and hoping a S8 tenant will live there instead of a Class C area.Keep in Mind: TENANTS QUALIFY FOR SECTION 8 FOR A REASON!