Buying at fair market value is one thing, buying significantly above it is another.Understand that this strategy can limit your exist strategy and that you may need to hold it 5-10 years unless the market appreciates a lot.

The seller is also under the assumption that Opendoor represents them and is treating them fairly which I also don't believe is the case.

I am fairly new to multifamily investing, and am looking to build a base of diversified syndicated multifamily investments. 

The property plans can range from a 2-5 year hold, 3-7 years, 5-10 years, etc...communicated up front with financing that matches that plan. 

Fair point and I do agree.

They are cash flowing fairly well. 

In addition, if the investor holds the investment in the Opportunity Fund for at least ten years, the investor would be eligible for an increase in its basis equal to the fair market value of the investment on the date that it is sold.

I have spent a fair amount of time on the BP website reading everything I can get my hands on, including the Ultimate Beginners Guide, which I found to be a great place to start for a newbie.

I'm new to the Section 8 program and I've done a fair amount of internet research but still can't find definitive answers on how to apply for section 8, assuming that I need to. 

Think of all the damage an occupant can do vs. one that is getting paid a fair price to pack and leave quietly.