Also one can protest their property taxes fairly easily.

Yes, the market here right now has been really tough, and trying to sell your properties to other investors with section 8 tenants will likely be fairly problematic at this current time.

Fair enough?

Ensure the sale reflects fair market value to avoid gift tax.

In my experience, the turnaround time is fairly short and can be done in January/February and still leave enough time for your accountant to file taxes. 

We have our lease terms but are flexible and treat people fairly.

Fair Housing specifically forbids discriminating against "familial status" which includes foster children.

In my opinion, you need a standard (eg. no felonies) that is written and followed consistently to avoid fair housing issues. 

I'm fairly new to BP myself.

It was in fairly good condition, and I KNEW I could easily lease it out, or lease sections to various business, or sell it for double or triple what I paid. 3 years later, having not even received an offer to lease AT ANY PRICE, I sold it for $25,000 LESS than I had paid.