A single maintenance issue could easily turn a positive cash flow into a negative one.

It never was an issue as the seller and his/her agent knew before accepting the contract that the buyer agent fee of X% was included in the purchase price. 

The conversations have always gone well but we are still having the noise issues. 

I think it's less of an issue of which is better and more of what are you comfortable with?

(In addition to seeing a trend of not writing new policy for California in general due to risks)https://www.sfchronicle.com/california/article/major-home-in...I will have some carpet in stairs and bedroom because the house already came with new carpet in stairs and bedrooms, the rest have water proof laminate , LVP would be my first choice.I would want to screen and interview the owner and the pet(s). 

The issue with our loan would be that there is no collateral since our loan amount would be more than the land value itself if anything were to happen.

Insurance has been a big issue in our market this year as companies have jacked rates out of control. 

FYI we've changed our approach entirely and have lower fee initial entry points to avoid the challenges of long term project based arrangements so we can catch issues much sooner.

Formal agreement may make the most sense, she is willing to help us out and if she has to be on the mortgage afterwards that shouldn't be an issue.

Based on budgeting, section 8 seems like a viable option without any major cons.