While it would impact some business plans more than others,  its probably possible to function with 5-10% a year rent increases allowed and vacancy decontrol,   but if we get the more extreme variety like what the far left wants  (inflation or less for increases,   no vacancy decontrol,  etc)  it will be bad.    

@Jaydon VanderslootIt is a smart move to get prequalified from many lenders as it enables you to evaluate your loan alternatives and choose the most suitable financing plan.

Do you plan to pull equity out of the property down the line?

HelloI am planning to put an offer on a property.

Just know if your planning on using your HELOC and depending on the lender.

Once the property is "sell or rent" ready, then you can refinance into long term debt if you plan to hold it.Hello, Simmy thank you for the advice!

That said, specifically what makes you want to pay a 3rd party for plan "compliance"? 

Why doesn't he want to do it, and what are his plans to do with the reduced cash he gets after selling the properties traditionally? 

I am wondering about how gettin Section 8 certified and being a part of this program will change the value of this home over time (I may plan to sell in 2-3 years).

If you are planning to manage other people's rental property you will need the license prior to receiving any revenue whatsoever.