Since S8 is administered by the local municipality, and good and bad housing authorities do exist, your experience may vary, but I found they tend to want to boot bad tenants, cause they have a long list of applicants, and bad tenants give the program a bad reputation.As with any tenant, your screening process is the most important thing.

Carlton -You'll find that repair estimates vary greatly by location, by materials costs and also by type of contractor you use.

I tend to agree with the following taken from the article as it's in line with historic averages:The trajectory of real estate values will vary a great deal from one market to the next ... overall though prices are back to increasing 1 or 2 percent more than the inflation rate over the next 10 years.http://www.usnews.com/money/personal-finance/real-estate/articles/2010/03/04/the-future-of-home-price-appreciation.html

A typical suburban homestead tax rate is about 35 mills, though they vary a lot.

Rehab costs will vary from project to project, and closing costs can usually be estimated by a Realtor, or a percentage of your purchase price.

A demo hammer might be NICE but think a rotary hammer drill would be almost the same with varied uses. on a trench a foot wide or so it should be easy to roll it out of there.

@Rich HUD selling prices vary vastly by local regions and the property in questions. 2 properties i was looking at sold for 35K and 25K respectively over asking.

It seems here in Denver that 15% and 4-5 pts has become a bit more standard, but also for 6-9 month deals. 10 pts. seems a bit high, but it is hard to find two year hard money and I suspect different markets will vary drastically.

Now someone told me that is the case but I don't know that it is true across the board or if it varies by lender.

Rules vary from MLS association to MLS association and from broker to broker, so this is a question best directed towards the agent and his/her broker.