With standard assumptions you get around a 6% CoC.

@Antonio Daniels 1-there are no different standards for screening...what you will find is that they will likely not meet your earning requirements (like 3x rent)...so you have to make exceptions...they also have very colorful backgrounds for the most part...after screening hundreds of section 8 tenants, definite patterns will appear...if you have a credit score requirement, odds are they will not meet there either (but there are fantastic voucher tenants out there as well...I've rented to nurses and other professionals with a voucher do to having a disabled child that needs a lot of services)...the one thing to be aware of is not treating them differently because they have voucher...2-The inspection depends on local authority, but the standards are the same...this is a federal program...so Housing Quality Standards (HQS) is the guiding document...how an inspector interprets that is another story...https://www.hud.gov/sites/dfil...3-Usually you will only have recertification annually, or possibly at an income change or a request or complaint...4-100%, it's one of the best sources of long-term steady income out there...I'll take a section 8 tenant over a white collar A-class tenant any day...plus you are helping to house the most vulnerable and underserved population out there.The bad things you hear about section 8 are from folks that do not understand the system and how it works, or want to be slumlords and not take care of their properties...or are ill prepared to deal with people in general.

Lessons learned is that you have to pull the trigger when you find something that meets your standards.

Lessons learned is that you have to pull the trigger when you find something that meets your standards.

If it doesnt work, simply later put it back to a standard commission and drop the price. 

That is typically considered a separate fee from standard management services. 

If my goal is to rehab up to market standards and therefore market rent; how or is it possible to not kick out existing tenants as l am taking over as the new owner of a multifamily property?

I discovered my passion in Real Estate investing almost 18 months ago and have spent my time reading Real Estate Books, listening to Podcasts, and trying to consume what I can about everything Real Estate investing.

And I noticed that one guy had recently bought like a dozen properties in the area.So, I called him and discovered that he bought them through a probate sale.

I My lease is the standard NJ realtors standard Form lease.