Then you can sell tax free, even better than deductions. 

Also when you do decide to sell your section 8 portfolio, your end buyer will be relieved to see that all the rents are in place and backed up.This is just the tip of the iceberg.

Is there a specific reason preventing the owner from selling to you outright?

But they sell!!!

I'm desperately searching for a financing option for my spec homes that will give me better terms than the 10-12% interest plus $10k closing costs that my current HML is giving me.I tried doing buyer-financed, but they haven't been selling very well (although I really haven't waited long, I'm just impatient).

I ask because when it comes time to sell, I like having the option to sell to both investors and the retail market.

So really take a look at who you're selling to. 

You can definitely do higher end flips in Detroit but I wouldn't recommend starting there.Buying something for $50k-$60k (off-market), putting $20k-$30k into it and then selling for $100k-$110k is a more realistic expectation.

I work with mobile home dealerships and many of their customers end upgrading to new homes while selling their used homes.

Home Sales Tumble, But There’s Hope for a TurnaroundApril 18, 2024Being a Real Estate ProfessionalBy: Melissa Dittmann TraceyShareShareConsumer sentiment for home buying and selling is growing despite recent headwinds.© lerbank - iStock/Getty Images PlusThe spring housing market is off to a sluggish start, with home sales falling in March.