Regarding your other questions:  - If the going value is $260/SF, why would you pay more than that?  

I am the type of person that is normally looking to save a money to increase my investing so the thought of paying someone to do my taxes when we could do them ourselves didn't make sense. 

I was willing to pay a higher upfront cost and sacrifice a greater monthly cash flow to achieve these top two priorities.We landed on a SFR in Harvest, AL.

Yes, the government pays the Section 8 rent timely, but more and more tenants are having to pay a portion of their rent.

Somebody somewhere had to pay for that real estate at some point and has continued to pay for it since.

I asked if there was anything else we could try, he got very angry and demanded I pay him in full.

But I would not consider what the seller needs to make in determining what I'm willing to pay for a property, especially when youre buying a problem like this.

When you draw from the equity, you are "borrowing" it from the bank and have to pay interest.If you borrow against the equity at 7% interest and then loan it out at 15% interest, you are earning a positive 8%. 

Things they did bad which I wish I had asked more information about:Never involved in the screening of tenantsThey recommended keys for cash by waiving the rent amount buy only collecting fees which they would get not meThe cost to evict is 750-950 yet other companies told me they will include eviction in the priceThe tenant didnt pay in full last month and I was the one calling out to them and asking questions then a few days later I get an email saying something happened with the tenant and they are investigating.You get passed from person to person every week or so.No one told me when the construction was complete and so the house was ready for a week and the post to zillow and other sites was not done.It took them another week to take pictures and then another week to upload it.I was paying 200 dollar a month electric bills while the house was vacant because they left the AC running in the empty property.

Determine at what percentage of completion you'll pay for work done. i.e.