When you enter into an agreement with Section 8 it is an extremely uneven relationship. 

I tried very hard not to be greedy or unfair, and I think what I have done is reasonable and fair, however I'm curious about your opinions.1) carpets - tenants had 2 dogs and carpets were left extremely dirty and soiled.  

Those who have foreclosed on a property more than likely lived anywhere from 5 months to 1 year mortgage free (again extremely worse than evictions which are most likely 1-2months of rent in arrears) I know many people (in Florida) who stall the courts and live 5 years in foreclosure and have the nerve to lease out the property and collect rent, paying the bank absolutely NOTHING.

Repairs will be no more than 5k (extremely conservative estimate), and the home is renting for $600 a month and rent hasn't been raised in the past four years.

This is generally not a do-it-yourself project and I'd be extremely cautious about taking money from anyone that is unsophisticated or non-accredited.

This would also be extremely useful for me working as a MLO for a broker. we are not aloud to choose our appraisers unless you are a Banker and have a warehouse line to fund from, they are selected out of a Pool and sometimes they are not even from the area and have no idea about the local RE market...it would help both the buyer, seller and me as the LO.Just a very useful tool to have for someone in the RE industry

Every 40-acre tract of land was sold in about 18 months - all using seller financing provided by my father.My father had all the property sold and producing a cash flow Before the first payment was due to the poker player.This is an excellent example of how to invest in real estate without the burden of debt.It is also an excellent example of knowing the details before negotiation begins.My father’s situation is also an excellent example of being extremely good at what you do.

Here's an article with details, and be sure to read the comments as well as they are extremely informative.http://www.biggerpockets.com/renewsblog/2013/08/17...

On an extremely old building, an abundance of caution is going to be required, lest it result in an accident, and they are looking at their liability if they miss something.

The courts are full of such lawsuits.Seeking advice from an attorney in the area where the property is located can be an extremely wise and very economical decision considering the alternative.