Some local areas have waiting lists of years for tenants looking to get into the Sec 8 program, other areas no waiting list.One thing that has happened with this recession since 2008 is that fewer people are getting off Sec 8, so there are fewer vacancies and it is harder to get assistance now, at least in our local area.

Yes, pretty big deal for the L/O seller financing guys, search here on BP "Dodd-Frank" you'll find tons of info and links to the Consumer Financial Protection Board, who you can also google and see the new regulations.Good luck :)

If the repairs are immediate they would need to come off of the sales price so likely looking at an 8 cap at current purchase price.When tenants do not pay utility they consume 30% more on average.

If you were mislead you can still call them out on it and if they want to play hardball you can sue them under the consumer protection law, MGL 93A.

Not because he is untrustworthy but because he doesn't view the rental as a business and likely does not have the records.I think I'm leaning more towards a fix and flip if the numbers work out because there are fewer variables on my first potential deal and I want to get started.

I called the city, the district court, consumer housing, every department out there and no one can answer me.

(Most is free or low cost, just time consuming)2) You need MONEY to start.

What used to rent in 2 weeks now takes 4-6 weeks to rent.b) More evictions and tougher to get people out meaning evictions take longer because people have fewer options you have to carry all the way to where you move their stuff to the curb under the watchful eye of the sheriff.c) You have to give more concessions to get tenants to look at your place.

Is this possible and how hard, time consuming, and what would it cost?

If the exterior paint truly has alligated to the point that it needs to be completely physically removed... that's a very involved process that requires a lot of hand labor and some specialized tools - ESPECIALLY if you're going to do the project in compliance with EPA regulations.This process is, in fact, so time-and-labor consuming that it can be a heckuva lot cheaper to simply remove the exterior siding and re-clad with new siding.Unless there's some specific reason (historic siding, for example) that makes you want to retain the old siding... alligated paint is just a bear of a job.And just to help the matter, here's a good image of alligated paint -http://www.benjaminmoore.com/en-us/for-your-home/alligatoring