I met a retiree who told me she spent $55,000 on his program and it had been a year and she hadn't received her first deal.  

Now depending on what utilities are provided by you as the landlord yes it is possible for you to receive less then $1000 if the Housing Authority needs to subtract some utilities from the tenants monthly budget.So if I were you I would not rent to someone who did not have a voucher for the full amount of rent you are asking unless you are asking an inflated amount that is not inline with what your rental should actually receive.You should purchase the Section 8 bible book it is a great book for learning about section 8.

(Disclosure: I receive nothing for recommending them).  

And many times, buyers end up paying more if they have contingencies, to win against other cash or non-contingent offers, so I often wonder whether I am actually helping my clients by adding contingencies in this market...I try to disclose as much as possible and explain why we need competent lenders and no contingencies, but I can see that many buyers esp first time buyer are skeptical until they lose a couple of properties they loved over non-contingent offers...And there's no monetary compensation received from my lender whatsoever.

I just had an over asking price offer I put in for a client countered last week and noticed that it said right in the email not to consider it binding until we received a signed contract from Fannie.You'll also get countered if you don't have enough of an escrow deposit, and will usually get flat out rejected if you don't follow all the steps, cross the Ts and dot the Is.

He continued to receive BAQ upon his return and used that money to purchase a 4-plex that generated significant cashflow. 

Option 4 once I receive cash call them and if it's still available see if they are willing to sell us with 32k down and finance the 18kThoughts?

Would love to receive any/all info on available properties in the Phoenix area.  

But I just submitted 3 offers last week on VA foreclosures and the POF letter I received from my HML was acceptable.

At least from the attacks I received here it has the smell of taking it personally.Best!