Mini splits aren't as good as a well designed HVAC system at ventilating and controlling humidity.

Purchase price: $1,055,000 Cash invested: $620,000 Sale price: $2,240,000 Sherman Oaks single family home repositioned with addition, new master deck, updated and newly formatted pool/spa and new modern farmhouse design.

I'm a full time web developer and have a background in design, and I've done two full live-in renovations (currently living in the 2nd).

I'm missing out on over $1k per month by not turning the units over, and the property is not an attractive investment to me as the cashflow currently stands. 

Just realize that GC's must work today to earn today's income which isn't the passive lifestyle that attracts people to real estate investing.

Also, I don't know about your market but with how fast homes are selling here a FHA offer is not very attractive to sellers because the property condition requirements are so stringent and they don't want to deal with headaches when they have 10 other offers.Feel free to reach out with any questions, I know if I had someone with experience to talk to when I first started I'd be much further along than I am now.

The home sale contingency is strongest when your buyer's home is already under contract and you make all other terms attractive.  

"  :)  If housing assistance, such as Section 8 is designed to help tenants, why not give them the funds directly?

I had the idea recently of building a small modular cabin of modern design to use as a str in the colorado mountains.

This is a tax status designation, and you need to have a proven credible log showing a minimum of 750 hour of ACTIVE management of properties.