I read in the papers during the current health care debate many believed that people on medicaid are drug addicts, have mental problems.

In the meantime, I'm in Key West for the week. . .daughter getting married.

Make sure you get esstopal letters from every tenant, copies of leases, security deposits, past payment records etc.It can be a problem mixing section 8 with non section 8....different mentalities that often do not get along.If the money works you can go ahead and in the future evict if necessary.

So I suppose welfare & some mental disability stuff going on here.

In addition I purchased a house for my daughter for college and since she has now done with it I have leased it out through a Property Management agent.  

I live in Tucson Arizona with my wife and two daughters.

Finally I've been sort of mentally ball-parking IRR but I suppose I should just calculate it.

I don't think he is a bad person, but I do think that his mentality was different than mine.  

Older agents love young newbies who have the hustle and go mentality.

Didn't do too much research (was on a tour with my high school daughter) but I think proximity to campus is much more important there than in "big city" college towns.