Stuff taken down from the bookshelves, flat screen TV taken off the wall, torn and moldy shower curtains, streak marks on the toilet trap ways, closet doors jammed shut with filled boxes.

The company uses several "celebrity names" to get people to spend that $$ its sad to see ho many fall under this trap.  

Turns out the tenant is a hoarder.There were 4 fly strips in the kitchen full of dead insects and dog poop all over the floor.

Develop a healthy working relationship with the people in Section 8 office.

That simple question changed my whole life.Hopefully most of you are making progress and not excuses, but......I would love to hear the excuses that are holding your back, or how you have actually overcame the excuse trap

The amortization of the loan will be for 30 years; however, provisions of the Section 203(k) mortgage (described in Section 203.21 of the Regulations) are the same as prescribed under Section 203(b).Maximum Charges and Fees The statutory requirements and administrative policies of Section 203(k) result in deviations from the maximum amount of charges and fees permitted under Section 203(b).A.

Don't fall for this trap, as it is easy to do. good luck.

As stated by the other individuals.....You have to value the property compared to what people are buying, not what they "Could be buying" which it seems atleast part like what you're doing.If 6/8 sold homes in a area are foreclosures, then that area is REO dominant, which means declining sales prices, and if you open up your search range, you fall into the trap of looking at other areas with higher/different values.If the properties wer $57/sf then that's what they are worth.

It can quickly become a job you hate but are trapped in because of the money.

I do know landlords who do and some think the program is great and others complain endlessly about it but feel trapped because the property has a "section 8" reputation.