My easy to explain take on the whole thing, on a very small scale this "should" not matter too much, but if Im looking at VERY large residential, commercial, office, retail then I would be worried.

If not, maybe call some local real estate offices for a reference.

We made some small repairs, added additional ext lighting, upgraded office computer, improved some biz processes, implemented a rent increase.

I would immediately let the Section 8 office know that this is unfortunate but you are not able to accommodate that lack of cashflow but that you are very interested in having a different Section 8 tenant that does have a 2 bedroom voucher move in.

Specific knowledge of that property and sub market.I recently cold called an owner who owns a great deal of units in the markets I focus in (obtained his name by googling the ownership LLC and found him as the executive officer.

Note: that 0.85% can vary depending on the percent down and other factors so check with a loan officer for different scenarios.Finally, your monthly P&I payment is based on the Total Loan Amount (Base Loan + UFMIP) which is $176,739.75 and on a 30 year term at 5.00% this gives a monthly payment of $948.78, so about $16 more than what you have.Not sure about closing costs in TX -- here that $3K would be low. 

I always reply I have time to meet you at the office with your track record, credit score , pof and willing to sign an agreement. 

If there are any Bay Area RE clubs, I would love to hear about them.During office hours I am a hardware/software engineer working for an Inteligent Building company.

Some Capital Title offices can, but recently heard they won't close sub-2 when there's an underlying  VA or FHA loan. 

Supply and demand... you put too much supply out there all at once.