Since posting, I have gotten more information, and it looks like I'm actually dealing with NMC, not cloth wiring.

That might include pet policy changes, early termination fees, a fee for a service like a requested lock change.

Have you looked into any "full-service" investment groups?

Think worst case: if two or three of your selected, tenants had children, you would be on the hook for deleting the entire building - it is important to do this research upfront.Lastly, what I mentioned above is not specific to Section 8, it actually applies to market rate tenants as well.

If I calculate my actual cap rate after 6 months by using their convention (Subtracting insurance, tax, property management from gross income) numbers match, thus I am getting what was promised on my proposal.

I know a local PM company here charges $7 per property per day=$210/mo for basically the same service.

This project has snowballed as I find others posting troubles and successes finding lenders that can actually fund. 

I get my hvac systems serviced 2x a year and around $300/time so right then and there is $50/mo just for HVAC service. 

Hey @John Suschak, from another veteran, thank you for your service. 

You are not in a financial position to maintain, manage nor service the construction nor operation of a duplex/triplex rental investment.