. - we get about 12-13% here but we do buy fully rehabbed in good neighborhoods and pay market rate.

We do not have big cash reserves but are stable (damn kids).Problem: I know right now we could sell our house for 230,000-240,000 based on the comps in the area and the high demand for the neighborhood.

Hi Jason, if you use Zillow for a specific address, at the bottom of the page there is a section that shows "recently" sold properties in the neighborhood.

Neighborhoods went vacant.

If the deal is not even worth considering, hang it up, but if it has a chance, go from here.You then perform your due dillegence, research the house, the ARV, taxes, neighborhood.

Most of them are in prestigious neighborhoods, have great schools, walking distance or a short drive to a train station that goes into NYC, and close to great downtowns.

If you go over board fixing them they become over improved for the neighborhood.

We are also taking lots of rides and trying to determine which neighborhood we want to start in.

The bad of course is that you are dealing with low low income tenants and neighborhoods which can be risky.Is there any books or web info related to Section 8 that is of value?

.), you will want to show a trend in neighborhoods that have gone up in value have increased the city's tax revenue over time, etc...While I am no expert, in the past, that has been the best route that I have seen to get discounts.As All Cash points out, having someone who used to sit on the board that makes those decisions is always a great route to go as well.