Would provide decent cash flow for addition costs that may arise.

As an investor would you take unpredictable profit, or low cash-flow in a rising C class neighborhood?

Complementary businesses act as a rising tide that lifts all boats.

I immediately sold it to another rehabber I knew and he rehabbed it and made a nice profit, it was a rising market at the time otherwise I would have been SOL. 

For example anything behind walls are mostly change orders (ie mold), most newbies miss these kinds of issues and it will arise; now we are here to do a job, in and out, as quickly as possible, we don’t have time to go to litigation or argument because they didn’t know that those are extras, and even more so they don’t have the budget for it.On a different note, ask them to buy J Scotts book, it’s a great start.

We are in a rising interest rate environment for the forseeable future, rates are only now beginning to go up after falling (on average) for 30yrs. 

I'm a believer in having whole life (not universal life) in an increment to cover final expenses and small expenses that arise on death. 

Locally, our Section 8 program has a set list of Landlord Requirements as well as Tenant Requirements which must be adhered to.If any issues arise with a Section 8 tenant, you can contact your local department to take care of the issue (sure, it may be a bit slow, but it will get done) as they are strict.  

It also arises after building rapport with the seller and problem solving together.  

For example possible issues to arise should I choose to sell that FHA property in the next several years?