Sounds like Habitat has done them right.B - Ground up construction and additions are not for the inexperienced investor (especially in today's market where contractors are scarce). 

sounds like they are trying to discourage renters!

It sounds like different scenarios though.

Sounds like you're already familiar with real estate and working in a positive direction on your career.

That's what is sounds like from a quick glance.

Earning $120k sounds like a full time job.

I'm new so i'm open to any sound advice and suggestions on what I should do to change deal or to move on to a different deal all together.Thanks for the help to anyone who replies :)*This link comes directly from our calculators, based on information input by the member who posted.

Of course, you can definitely prevent this (or minimize the risk as much as possible) by having appropriate screening in place.So it sort of sounds like there would be no incentive to an owner to replace section 8 tenants. 

USDA loans sounds good but i am not sure if i can get one since i am in debt. 203K loan for buying and fixing a foreclosure is something out of the sphere of the imagination.

Sounds like you're motivated and ready to tackle this new adventure...you're in good company here!