The government pays a portion of the rent directly to the landlord, while the tenant pays the remaining amount based on their income.Get your property approved: Before you can rent to a Section 8 tenant, your property must meet certain housing quality standards (HQS) set by the Department of Housing and Urban Development (HUD).

I suspect they may be purposely setting the appraised value low to make sure there is enough of a discount so they sell at the auction. 

Maybe they are implementing a broader set of data points.

I feel they've set low standards.

Set your keywords to SB and follow @Baird King and when he posts, it'll come up for you.

Cold calling owners.

The recommended set back for building is 15’.

If so, expect to pay an additional 200 a month or more for water, 300 for electric, and a LOT for gas over our long cold Michigan winters.

Obviously, I don't know anything about your finances, so for all I know, you may have a few million in the bank, and this project is just a fun experiment that wouldn't even be a drop in the bucket if it all turns south...but, regardless, you'll want to model out what would happen if this project crashes and burns...As you may know, managing a rental in a D to F area (or even a C area) is usually not recommended (for many reasons), and funding a rehab with credit cards is also usually not recommended (again, for many reasons). ...even highly experienced investors often won't touch anything lower than C grade because of all the difficulties of managing and re-selling them...If you're dead set on rehabbing the place and keeping it, I'd strongly suggest studying up thoroughly on the local rental market and tenant pool (e.g.; rent medians and lower and upper bounds, typical days on market before securing a tenant, local vacancy rates, tenants' typical income, education level, employment opportunities, credit, and rental history).

There's a similar trend I noticed in Lehigh acres florida. there was a miami based builder who came in earlier this year / late last year and built 5 modern homes. all 5 sold and set record prices for the area for single family homes. it's not that newark calls for this or any infill lot in columbus it's how can I deliver a premium product that will sell regardless of location. something with features that people want.