Won't that make his payment actually go up by reducing the value of the home which is now on 1/2 the land it used to be?

The seller will not let us extend due diligence and will just put it back on the market and said he could do these repairs for half of the cost of the low bid (~5k).

Very competitive market.

The financing contingency period is up tomorrow and it looks like they are going to back out, so I guess we will put the property back on the market as a cash-only purchase and see what happens. 

There is and will continue to be a shortage of good, affordable housing in growing markets like San Antonio.

., 5% might actually be high in your estimation. 

Landlords of section 8,Do you have any tenants who pay you the difference between the local housing authority's voucher limit and your market rent? 

What are the chances they would actually agree to that?

STR is becoming a difficult strategy because there are so many costs (furniture maintenance, utilities, internet, etc.) that you have to factor in and if you are in an oversaturated market, then unless your property is unique, you can only compete on price.

This means that you can give more to the charity without it costing you more out of pocket.In addition, you can take a charitable deduction for the full market value of the securities on the date of the donation.