At that point we tested the waters and gave them the option to keep the money or to reinvest it in another property.

I remember I use to try to convince owners to allow section 8 in the Greater Pittsburgh market because, as you said, rents can often be much higher and from my personal experience, the tenants were often better, longer term tenants because it was hard as heck to get on the section 8 voucher program and even harder to find a place that accepted it.

Interestingly, right after accepting that offer, another buyer reached out with an even higher bid.

The lease states the tenants are accepting the unit in its current condition.

@Drew Sygit, Last November Fannie Mae began accepting 5% down payments for owner-occupied 2-, 3-, and 4-unit homes.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

After the property is acquired, during any 30-month period, the additions to the basis need to exceed the adjusted basis at the start of the 30-month period.What is the 50% of gross income test?

Their filter is way to strong as well as you cant say if a property is not accepting section 8 and can't use the word glass.  

Yes I too listened to his podcast today and agree with the above comment he pretty much was saying how to good and too busy he is to come on BP and answer our questions.Funny how he is too good too spend time on BP but has no problem accepting all the free promotion his two appearances on the BP podcast have given his company.

I’m making a few assumptions: 1) at least some buyers and sellers will accept much less agent handholding than commonly assumed, 2) the primary value that agents add is a) pricing guidance and b) advising clients on offers and counter-offers, and 3) there’s no truly compelling reason why North America has the highest average commissions in the rich world.