There are several large brand new affordable housing buildings being finished less than a mile away, that will also pull potential renters from this property.I'm not sure where you pulled your numbers from, but I wouldn't be surprised to see that property rent for less than $3k/mo for the entire house. 

Hi- Does anyone here have any experience in buying a project based Section 8 building, we are in middle of some negotiations. 

When you start talking larger multi family properties and commercial buildings (office, retail, industrial) then cap rates become a much bigger factor. 

I know there are a lot of people effected by this, and we need to build an alliance to resolve this matter through legal channels.

.#1 tip I'd give if you're buying existing (or building) is to call the assessor and ask specifically what the new assessment will be after improvements.

Tampa has been in a Gold Rush building boom for twenty years and the last areas to "Gentrify" are now on the East side of I275.

REITS that own shopping malls or sky-scraper office buildings are effectively the walking dead and many will not survive. 

You can also list those rentals in the MLS with a realtor and probably find quite a lot of traction, as there are many home buyers who sold their home and need a short term place to stay (1-6 months typically) until their new home build is completed and utilize their realtors to help them find something. 

Hello BiggerPockets Community,I've been consuming a lot of content from the BiggerPockets books and website recently, especially about networking and building your team, but until now I feel like I am stuck with a chicken-or-egg problem: How do you start building your REI network if you have limited experience and resources?

You can also build your buyers list from there as well.