In some areas in my market Section 8 will pay $200.00 more than you might be able to get "open market" one of the benefits aside from HAKC picking up a portion or all of the rent is that Section 8 will adjust the subsidized amount should circumstances change in the tenants life ex: loss of job , injury etc , I have not had a lot of issues with section 8 tenants in general , yes there is a yearly inspection but it’s not as bad as a lot of people make it out to be generally if the house is in fair condition , no peeling paint and is safe you shouldn’t have any issues, the biggest issue I have had with Section 8 is actually getting the process started ex : turning in paper work , processing the voucher, paperwork getting misplaced at the main office , so I say with a word of caution turn in everything at once , make copies , and keep your fingers crossed , once the checks start coming don’t give them any reason to touch the file unless absolutely necessary , I might be being a little over dramatic but I have quite a few stories , but once the payments start coming it’s smooth sailing from there !

I would certainly not due it.Things don't always go smooth and they may all come up stolen.

You'll save yourself a lot of headaches and get into a profitable situation smoothly and easily.

Any advice on how to ensure that the process goes smoothly?  

Im hoping that when I email the PM, all goes smoothly and amicable.  

Using a general contractor or builder with a great reputation will help smooth out the process and keep the subs on task and on time.

At $11,000 to tear down it seems the money will come back as taxes fairly smoothly, average new house probably has $60,000 to $70,000 of local payroll labor involved when utilities and sales/delivery are included. 

Very smooth on-line process, funds in my account the next day! 

Will depend on your subfloor how flat and smooth it is etc.

Smooth move, Steve.4.