Once in awhile, some internal person makes a mistake and there is a slight delay.The bigger problem is screening S8 tenants to get one that pays THEIR part of the rent on time and takes decent care of the property.We just had eviction court today with a tenant not paying their rent portion AND deliberately causing damages, so their home failed the S8 inspection.

The new owner has since failed to pay utility bills in one of the two building, causing it be condemned.

The county may want one master drain field with an established Alt. field if the first one fails. etc etc.. its very county specific so thats where I would start.. 

You have both proven that you're likely to have some success - even if it is try, fail, and adjust. 5 years from now it likely won't matter which option you chose.I'd hate to walk away from the business and get nothing. 

(I own 150+ homes) Also I failed to mention that the existing roof is not shingles but rather that hybrid metal looking roof that resembles tin. 

They have failed to cover two of my properties this year due to their error.

> Second, you're failing to recognize the power of leverage.true.  

Yes some settling but nothing serious.....maybe because I buy 1980 year old homes the foundation would show signs of failing before I buy.$5.6K for a roof (insurance claim)$5.2K for another roofYes my insurance deductibles are 1% of insured value so about 3-4k.$1.3K for new AC line set (punctured in second roof replacement)Roofers would have paid that$1.6 for a water heater$1.3 for a water heater$2K for a water heaterMy water heaters cost $400-$500 from home depot and $200 labor to install, again I use handyman vs plumber cost less.$1.7K for new water line from meter to houseHaven't had to do a water line.  

If you are working with Peter and failing, then it's due to effort or market.

No, the head of the Fed is appointed by the President but is a private business.Their purpose isn't to benefit society, it is to keep banks from failing.