@Ben ClingerHi Ben, I just noticed your post.Toledo just clarified their inspection criteria for section 8 houses and decided they wanted their cake and to eat it too...we don't have to have an interior inspection (since LMHA inspects that during their inspection), but we DO have to pay for a Lead Inspector contractor to visually inspect the exterior of the house and of course we DO have to pay the $45 fee (which is of course what this is all about).LMHA of course inspects the outside of houses along with the inside so the whole lead inspection is redundant.

I have a background in design and hospitality so I pair that with my knowledge on the real estate side of things.

Then, the program is designed to help people get back on their feet not subsides their rent forever like other programs.

It can be a conversation in search of a win-win, a mutual effort vs adversarial negotiation as on-market is designed to be. 

(Noticed I didn't include architects in that list - from my experience most architects are great at building design but shouldn't try to do land planning.)If you have never done any development like this before than it would make sense to partner with someone who has (or flip it entirely) once you have a site plan of the property's potential.

Not sure what the interior will look like, but hopefully you have photos of prior to occupancy, so that you will be able to claim against their security deposit, and a judgement for past due rents and any damages

While designed to protect tenants, rent control has adverse effects on the broader rental market.

The necessities are floors (LVP), windows and paint for the interior.

If you want to hit the projected numbers or even outdo them, your property must stand out in location, view, management, and especially design.

Some of the simpler asset protection solutions would include the following:  having max funds allowed in qualified retirement plan or IRA rather than personal as retirement plans are exempt assets in Federal and most state bankruptcies; investing through an annuity if your state (Florida and Texas for example) exempts insurance policies and defines annuities as an insurance policy; taking advantage of maximum homestead exemption in your state; use of corporations or more popular LLC or Series LLC to limit liability to the entity holding the asset; reasonable liability insurance if available; separating asset ownership from asset management; etc.I can design a simple, cost effective asset protection strategy of up to about $5million with little cost IF the individual resides in Texas or Florida.