One option I discuss with my investor group is doing a 1031 TIC into a passive syndication that has a shorter time commitment (aka 1 year).

I'm not in the Jacksonville market but let me know if there is anything I can do to help you out along the way. 

Now who do you think is receiving the benefit of this saving, in reality?

Because the answers to these questions are site-dependent, you'll need to check with your local zoning and permit departments. 

If you do have a horror story to share, please post it.

Many lenders will not do a DSCR loan unless cash flowing.

When you apply for a rental license do they look for un-permitted work?

We did not do a sewer scope which turned out to have some issues, so that ate into our CAPEX budget.

In our24 years of experience, managing almost 100 S8 leases currently, the average S8 tenant has a FICO under 580, numerous collections from utility & cell phone companies, doesn't want to pay a security deposit, much less an application fee and claims they don't know how to fill out their S8 paperwork despite being in the program for several years - hint: they want YOU to do it for them.Most, not all, are eligible for government assistance due to a funeral-march of bad choices.REALITY: you are trust trading one set of problems for another.You can succeed with S8, but you need to understand the challenges and plan accordingly.

My property performance is way below what AirDNA would estimate so I am trying to do some investigation on my own.