Sellers will still want to offer incentive to a buyer's professional (although the quantity/percentage is likely to be reduced) as alternative compensation structures become available.

During this process the late payment got reported to collections and I shortly after completed the payment.

I am going through the same process of getting some of my rentals into Section 8 now, but also seeing the disparity between market rents and the FMRs for Section 8. 

I figured I would come on here and ask folks on creative ways to utilize this alongside financing options to scale into the multi units space while not waiting another 4-6 year period to repeat the process.

@Nick Shri if your PMC started eviction process for the tenants as you asked them to, then usually S8 caseworker stops rent payments.Of course, all this should have been explained to you when you asked to get rid of the tenants.

@Gregory Frisoli, Many times a partnership structure that can accommodate TIC ownership will also have created a mechanism where you can assume a prorata share of the debt as a TIC. 

So, i am in the process of buying my first property which is a 4 unit multi-family property.

How does your process work choosing students in your property?

Here's what I have so far:-What are your processing fee?

The advantage at least of this approach is that I could walk away, and although I'd lose my 5% deposit, that would likely be cheaper than being involved in a  long drawn out legal process as I continue to absorb holding costs (taxes/insurance/maintenance, etc.).