Property Manager says I can get at least $1900 a month in rent on the open market and $1770 going Section 8 route.

I would like to focus on SFR/MFR in markets with appreciation potential.

I would connect with @Josh Green, he has done a few owner financed deals in the Tampa Bay market and is a master negotiator!

Knowledge of the real estate market as to property type and location 2.

Since you have 6 months to complete this process (this allows time for rehab, if desired), of course the interest rate may fluctuate a little bit, depending on market conditions, but there is not an intrinsic "1-2% higher" that I'm aware of.

I know the market pretty well and do most all repairs myself.

The state is pushing for it and I am sure were it will be worded on the ballot to sound like a great thing, 99.9% of the public doesn't understand this stuff.

And you can get really lucky with market cycles and while you maybe let a couple million go from your profit there's still a lot of upside and developers could still make millions and call the project a win. 

NYC's Human Resource Administration (Public Assistance)  has a program called S.O.T.A (Special One Time Assistance) specifically for employed people whom live in NYC shelter system.

Matt, definitely add Detroit to your list of markets to check out.