Not having experience with Section 8 I cannot say with certainty that you would not pass muster with this property, however if the housing authority does do their due diligence on a property I suspect that any shortcomings will quickly become apparent and would likely sink your chances of qualifying that property for Section 8.

It may just be that I'm going to have to look for deals another way, but it's got me worried I'm doing something wrong in my initial estimates.Here's how I'm calculating my estimates, using a current duplex on the market as an example.

@Joe Lambert That makes me think that the rents I have been using for the area are too low and I could increase my rent estimates.

We don't know what state you are in, but 99% chance these properties will still have the previous owner mtgs attached to them, so no one will get clear title. 

Chances are that even if the bankers don't invest that they probably work with a bunch of mom and pop investors and they can guide you in the right direction.

In addition, let's assume that all other expenses were correctly estimated including property management fees (10%). 

How much do you estimate it would cost to build these to rental specifications?

CA by any chance?

Determine this value by estimating the market rent the defining, then multiplying by the gross rent multiplier in your area.3rd option, nightly rental. 

Hi @Scott ThorneBP wrote a book on this found here https://www.biggerpockets.com/store/flipping-estim...