Doesn't matter if you bought 300k or 1k, their price is fixed.

Second question, does it matter if the "initial investment" was at purchase or rehab costs?

LLCs allow for pass-thru to members for tax matters as well. http://www.nolo.com/legal-encyclopedia/corporations-vs-llcs-29025.html

Their are two things that matter in this circumstance #1 how many bedrooms the tenants voucher is for and #2 what is their maximum allowable rent that section 8 will allow them to pay based on their income.To your first question If you accept an applicant that has a voucher for $1000 that is the maximum amount that your housing authority will allow you to put on the lease, so in essence you will lose out on the extra $200 a month.

I know that this is becoming more common, but you're playing with fire and it's a matter of time before someone loses an EMD.

Except the "deferred maintenance" part... but no matter, I think I understand your position better now.6.5 for a flip is great if the terms are right and you actually flip... if the terms are less than right and there is any delay in selling for a profit, then you're in a different ballgame.Good luck :)

Zillow seems to have some more feed gremlins lately, others are complaining as well.In the end, it does not matter what you bought a property for as long as you have made improvements that added value.

Be a subject matter expert in a neighborhood or suburbKnow the pricing structure in your area.  

No matter what your motivation for getting into real estate investing, building relationships with other investors will always be very beneficial.

Nor should they even have one for that matter.