Sara I've seen this happen several times as well.

I'm in the process of learning the "right" way to calculate ARV and repair costs as well.

I find this to be the case as well.

Currently we are dealing in single family homes and non-commercial multi-family but have future growth visions on mid-sized commercial multi-family as well as STR's.Outside of real estate, I enjoy God - Family - Fishing and Friends.Excited to learn and connect with you all!

@Aaron Davis My personal experience is that non section 8 tenants don't play well with section 8 tenants.Frank

Either way, I would definitely recommend checking with your state's legal guidelines as well as getting legal council just to be sure you stay within both your's and the tenant's rights. 

I am more on the cash flow team, but would also trying to get something for our future generation as well if possible.

:Might as well go for it most tenants in c class areas are nuts anyway so the extra rent money is icing on the cake  LOL!

I thought this was the case as well. 

You might be able to get some random Edison technician to say, "Well, I guess it would be okay," after eyeballing it, but that's no guarantee that after you buy the property, Edison or Long Beach or someone comes along and says you can't.