I can get really fantastic terms on the property and from comparing rental rates between market rent and HUD Fair Market Guidelines I think there's a big opportunity in making the deal a Project Based Section 8 building.If we make that deal with HUD, we can refinance and get 90% LTV with 35 year amortization, fixed rate on a non-recourse basis with the FHA 223(F) program. 

No need I can't use the benefits.Biggest issue he said in my view:  Not being a real estate pro gets one out of 1099'ing contractors who you pay >$600/yr.  

I'm curious how the vacancy rates and evictions change between the city (excluding the worst/F-grade neighborhoods) and the moderate income suburbs.

@Eric F. we do rent to people with small dogs.

@Kuba F.

F. ...they approved anyone with a pulse.

Maintain appropriate levels of necessary chemicals or matter in any water softener;F.

Only available M-F, 7am-10pm. https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online.

(Code Sec. 163(h)(3)(F))Under the Tax Cuts and Jobs Act, for tax years beginning after Dec. 31, 2017 and before Jan. 1, 2026, there is no longer a deduction for interest on “home equity debt.”

Is that a D of F class neighborhood?