Would you not rent to an elderly woman who is on government assistance because she is the type of person that is on Section 8?

I just had an odd experience on Hubzu:Week 1: Cute little house around the corner comes online.

Purchase price: $184,400 Cash invested: $4,559 Sale price: $227,500 Contributors: Corby Goade Not a wholesale but a "Wholetail", I found this property via direct mail (handwritten letters) and helped the woman perform a 1031 so she could get her granddaughter in the school district she wanted.

I had an older woman and her grown son apply.

Annette, I can introduce you to a nice young woman that's doing some wholesaling in the Gainsville area if that is an area you like.

He also, essentially admitted, that he didn't abide by an agreement with the woman that runs the CCIA here in Chicago.

It gives her 2 weeks to clean apartment so it meets expectations, or if she will need to give her notice to move.Let her know you are planning on painting a room of her choice if she meets the terms.I had similar issue when I inherited a 5 plex from my parents, the woman had lived in apartment for 19 years on a month to month lease..

I met up with a woman who was really interested in doing home rehabs and she got me pointed in the direction of real estate.

Because of my connections to the politics and policy of this area(My network hub in the area is an editor for a paper that prints every policy decision effecting Grand Lake), I realize now is the time to act.I have found a woman who has offered to answer any questions, and guided me to the method I plan on using, wholesaling and assigning, and has offered not only support, but genuine guidance.

Obviously this is good for her as she'll make more money...but I'm curious to know if the rest of you think I even made a reasonable offer...ARV $225kRepairs $77.5k10% Contingency $7750Property taxes $6740 a year ($562 a month)Other monthly holding costs from bank/hard money loan and utilities - $12757% Realtor commission - $15,750I was planning for 6 months of holding costs...My offer was for $80k and the woman said there's no way she'd take less than $150k.Obviously given my $77k rehab budget and a $225k ARV that number would make sense in her mind...but I obviously told her I was an investor from the start and would need to pay all those fees, plus still make a profit (for this deal that was a target of $27k).