Take the practice tests in the book. 

Beyond the new stadium and whatever becomes of the GA Dome, you have an area with entrenched crime, drugs and general nastiness.  

Both outlets in each of the upstairs bedrooms are 3 prong outlets, but when tested come up with "no ground".My question is, can I replace these 3 prong outlets with 2 prong outlets and pass a section 8 inspection?

The structural engineer also required a plumbing leak test be done to ensure no plumbing leaks.Now, the leak test showed no leaks and I spent a good amount of time tracking down previous owners (3 owners ago) who had the piers installed.  

My conclusion is that it IS realistic for continued price and rental increases for a few reasons: no buildable land, increasing population, a booming tourism industry, foreign buyers paying cash well over market value, and one of the only places on the island with great beaches, decent schools, and a real hospital.To test your theory, look at how your market performed 2007-2010.

Do you have to pay for water quality testing, etc?

You do not live in fear of having a fire any more than you do now.They will fight, they will move in girl/boy friends, do drugs, drink, not pay, make noise, not clean up, etc. or they may be perfect angles. 

However, if you have 1, 2 or 4 students, it is quite possible they collectively cannot meet the test for level of income - though they may have other resources such as student loans or research grants.  

I know a number of lease option buyers, from relatives, friends, buyers and sellers that chose the LO strategy simply because it was a great way for them to control a house (I had a partner that did this buying a multi-million dollar house) and test it out before buying it.The Lease Option doesn't work for everyone, or everywhere, but the same can be said about every strategy.As far as having "...a positive impact on your customers, partners/contractors, and the communities in which you operate..." is concerned, I can't have much more positive an impact than helping someone in temporary financial trouble, buy their next home.Oh, and when you said "...I would not call this great.

Unfortunately with this property I "inherited" a slow-paying tenant, an eviction where the tenant waited until the last minute to move out, followed by the realization that the property was a drug house, 40 man hours of cleanup... then the two break-ins.