Provided the Section 8 contract doesn’t interferes it.Lastly, is it good enough to just tell my other turned down applicant that I’d found a better financial fit tenant if I decided to go with the Section 8 tenant?

You'll probably walk with 220 (and YOU are the one who paid the past 2 years mortgage, not the tenant)NO brainer to me!

Dustin, most lenders have to run the loan thru an automated system and if the loan fits in the "box" its approved.

I walked into the office of the Boss and I asked how I could better approach my target market.

I discovered that, although the strategy was basically sound and works well for many, it was really not a good "fit"for me, and have since refined my long-term goals and with it, my "roadmap" to get there.Like you, I`m new to this, like you, I don`t have much money to invest, and(as a result) like you, I`m looking out-of-state, where the price of admission is much lower.

I would like to invest and have looked at the options but it's always better getting feedback from somebody who has walked the talk.

Clarke, welcome to BP...Some things off the top of my head include....a) Churchb) Fitness clubc) Pick a nice neighborhood and saturate it door to door just shaking hands.

They were pretty smart using every trick in the book to walk away with big bucks.

While inspecting potential deals he walked in on a dead rape victim.

If I walk away, it doesn't negatively affect me or my credit.