I can predict many issues arising amongst tenants in the C class area.

You can't predict the future, or change the present, so I vote just kick back and relax and collect your returns :)

Reports predict Salt Lake City to have the hottest housing market in the U.S. for 2014, so I'm very optimistic :)

You can then renew for twelve months or end it if not going well.It seems like there should be enough income being earned; it's just hard to predict what sort of spending might happen in the future.

The factor that can't be predicted is when an owner occupant really wants a house and they will offer on emotion, not the numbers. 1.

The property owner and property are not involved currently (obviously no one can predict the future here).Now remember, this is a charitable organization with no leases per se (although tenants do pay for their electric and gas which is separately metered, owner pays water, which is not separately metered).

Seems like you ought to be telling US what results you get rather ask us to predict your future.My crystal ball has an old Ray-o-vac battery and is leaking some kind of fluid so it's up to you, buddy.

I know Bill Gross predicted the bottom in treasury bonds about a year ago.

I guess this kind of tenant would be pretty par for the course for Section 8 and a lot of landlords (not all) really love Section 8 due to the predictable payments and, in some areas, a little higher than market rents.

Also for reference, we wrote a report called The California Comeback in 1997, Why Prices Will Double in the Next eight Years and in 2006 wrote The California Crash, predicting in advance the price declines and foreclosure glut.