They seem to be selling the homes that they aren’t able to rent or that are too far gone and need demolition.

Even so, you need to follow the rules for Section 8 too, which you can find out from the Longview Housing Authority.

Good news is that you aren't alone.

One suicide, one fell and hit her head on a case of canned cat food and bled to death, and one died of natural causes.Your application and/or lease agreement should have contact information of someone authorized to remove their belongings in the case of death or incarceration (this has happened).

Why aren’t these being moved in order to make this forum better for discussing actual commercial deals?

Most owners aren't going to let you tour the property, talk to the tenants or look at the financial data until you've got a deal started.

The expectation is to loan $300,00 (their full development costs) and then they will buy me out in 2 years (either from the profits or a commercial loan - they aren't looking to sell the project after completion).I am considering loaning the money and asking for 8% annual return (paid monthly) even through the build-out phase for a total of 2 years. 

Not saying buy turnkey, per se...the returns usually aren't great on those. 

I guess you would say I always have veto authority, but they do all the detailed screening.4- for a capital expense like a new roof, water heater, etc., do they manage the entire process and bill you on top of the contractors bid for the work?

I don’t include car etc because in my view those aren’t assets.