I wouldn't let any concerns about this deter you from investing in Section 8 (or other) properties.

Quote from @Savannah Holzer: Hey David, welcome to the BP community!

page_id=902#nov2024It may be a drive for you from Santa Clara county.

Admittedly, pricing will often account for any major items, and I don't believe this is true in Sandy Springs, but there are some areas that an interstate cuts off a small part of the neighborhood, and so labeling the neighborhood as "good" may be true for 90% of that neighborhood, but if you are in the 10% that is on the "wrong side" of the interstate, it can be a totally different market.

How did you find this deal and how did you negotiate it?

This is a GREAT post and so true.

Yes, it's easy to ask you these questions after the fact, but you won't succeed unless you carefully review your mistakes and learn from them.Not sure I agree with your statement, "RTR knew they’d messed up".

Purchase price: $420,000 Cash invested: $15,000 This buy-and-hold property generates a steady cash flow, with a gross monthly rent of $3,900.

Quote from @Jonathan Greene: Where is the rest of the discussion? 

this is mission impossible.. although you might have some fake lenders approach you looking to steal up front money from you.. so be careful.