There are a few pockets where the numbers look great on paper but are massive money pits in real life.

This delay is costing me money every day as my property remains vacant.Additionally, their application process is extremely tedious and discouraging for prospective tenants.

To make a wise decision, examine your comfort level, goals, local market circumstances, and property management.Good luck!

Hard money How did you add value to the deal?

Thank you for your time, Paul So, no experience, no money, no props but you want to ask " me " for money, HMM, would you give you money? 

Short answer - tenant pays.Long answer - landlord pays because tenant has no money to pay that's why they are on section 8.

My family and I currently live in a small podunk town in Iowa, which I truly can't wait to move from, and we rarely come across money like this (we're basically as middle as middle-class can get). 

If the owners purchased very recently or invested a bunch of money into the property it will be unlikely they will accept a lower down and an extended repayment period. - Little to no existing debt tied to property.

I'll get most all of my remodel money back out and be left with about 20% of my own money in the house - cash flow will be limited once rented.

And they are also trying to take 1/2 of the money that I paid them instead of giving me the entite payment that I made.