I suppose every local housing office that administers Section 8 vouchers is different, but I have personal experience with the Lynn Housing Authority office (nicknamed "LHAND") and have found 2 people there who are difficult to deal with, and 2 people there who are angels to work with. 

Although I agree vacancy control would be very negative for landlords, I have to believe the authorities would try and act rationally if they don't want development to come to a screeching halt and turn us current landlords into slum landlords.  

I am looking for my first investment here, and am not willing to make any purchases sight unseen.The property has been vacant for roughly a year, which leads me to believe there are some significant rehab costs and/or liens on the property (is this fair to say?) 

He's the co-author of the bestselling Wealth Can’t Wait and has extensive experience investing in RC properties within LA. 

I just have to be a contrarian here @Caleb Heimsoth  as Caleb states I cannot think of anything risker than remote rehab for beginners.. keep in mind the author is a very experienced real estate professional and what works for him simply is not germane for beginners I know they want to sell books on this site.. but I fear there is going to be some really sad people that try to do this and simply don't know what they don't know.. all to just save 5 to 10k  extra that a flipper that does all the work and takes all the risk makes bringing you a finished product.. you can lose 10 to 20k in a heart beat doing this if not more.. 

which has lead me here. 

Someone has to have the legal authority to sell, in order for you to buy.  

@Neil Aggarwal Pretty much all vendors in the industry use "Preforeclosure" to mean the period of time between the notice of default and notice of trustee sale in non-judicial foreclosure, or between the lis pendens and the notice of sale in judicial states (with some state to state variation thanks to things like combo notices).For the period you mention, during which the owner is simply late on their payments, those are called "mortgage late" leads or 30/60/90 day late leads.

Good rates, team, and they always have leads on people selling buildings and put together deals.

This leads me to believe my input of $1000 per unit of rental income for the one bedrooms is obtainable.