Jayson,Have you calculated the value of the loss (depreciation) against income?

Thanks for your thoughts @Robert Gilstrap, I'm sure that for a novice landlord a PM company is worth thier weight in gold. 

Try $150K after all if she bites you win if not no loss to you.

The only real difference is you will only weight the part of the monthly rent they have to come up with that is not covered by their voucher. 

The profit is not fixed and there could be a loss for both parties.  

But that's only beneficial if you have passive losses.

We had gone in with a fully underwritten loan commitment, which added a lot more weight to our offer, and the fact that Ive closed plenty of deals with this lender and could attest to their ability actually landed us the property over another potential buyer who offered a higher price with a contingency to sell their previous property.  

SD is very competitive and holding for appreciation while likely taking a loss in the short term is not the strategy I am trying to pursue at the moment.

Any breach will result in immediate eviction.Otherwise, I hope you have a new tenant lined up, or you're prepared to deal with the revenue loss from a vacancy and possible PR issues if his business is especially popular in the community.Good luck!

If that happens, gentrified areas of Chicago and the business districts will be asked to pay additional taxes to make up the loss of revenue.