In order to make a decision on keep vs sell it comes down to holding costs, repair costs, total all in costs and projected ARV and rents.

The seller wouldn't accept a lower offer, the renovation cost was too high or ARV not high enough.

Ill call around but it sounds like this is just another lessoned learned through the process and the cost is going to be in that ballpark anyways. 

IMHO asset protection planning is best implemented as an adjunct to a larger estate, financial or tax plan, not as a substitute.

This can mean additional costs for repairs and maintenance to meet these standards.Administrative Burden -> There can be significant paperwork and administrative work involved in maintaining compliance with Section 8 requirements.Please reach out to me directly if you want to go deeper into the subject, especially on the financing/loan side of things!

Look for properties priced at least 20-30% below market value to account for renovation costs and profit margin.

if it’s an investment property and it’s the right property with about 20% down, you could get a lender to finance the 80% and the construction costs.  

You can also try and incorporate a seller concession of up to 3% (with 3.5% down) which can help cover closing costs and reduce the cash needed to close.

I trust my agent but I also would like to be able to verify what they told me was true especially when it cost me more money.

No, we would be bringing some money to the table for down payment, closing costs, etc..