After buying my first house while I was working in Meridian I got to know the area pretty well, so when I started looking for another property I figured Meridian wasn’t a bad place to have another rental.

But if they have bad credit or eviction you can deny regardless of sec 8 qualifications as long as you deny every applicant with bad credit or a eviction You can turn away Sec 8 on the grounds that your properties do not qualify as you are not registered or had approval from the program. 

Don’t be shy of asking for documents and doing your due diligence as the worse case is you don’t and find you bought a bad deal and really wish that you did.  

We have taken the strategy of starting to look for replacement Properties as soon as we decide to sell the relinquished property and we have never gotten burned badly.

I would not do this because I think a lot of tenants would either try to fix it themselves or wait until the problem is really bad to notify you.

I have heard good and bad from some friends in that area that a lot of houses are on the market up there.

We have been reading consistent posts for four years now regarding "it's a bad time to start", "the recession is near", "I can't find good deals", "the market stinks", and similar posts. 

This could be due to a bad internet connection.

Passed on making an offer because the inside of the house was SO BAD it even scared the agent away.

Other than that, their interest rates are competitive and points aren't too bad and no other hidden/junk fees.For my next rehab I'm going to use Iron Bridge Lending based out of Portland, OR.