Most subcontractors don't understand or like that but it prevents them from running away after you pay them final payment. 

you run real risk if you dont have insurance.. 

By the time you got it up and running, it would cost you more money than you're currently paying and take more time to manage. 

Remember you can run your credit for a home loan as many times as you want and it only counts as one hit as long as it’s for the same purchase.

My gut says Pigtown higher potential longer run but more risk.

Kind of running in circles on this dilemma and would love to get your opinion on this.When using @Michael Blank 's calculator (which is a state of the art weapon) i see the "deposit to replacement reserve" line item in the EXPENSES box, but there is no CAPEX line item.

there is one in Texas run by a guy name of Stinson Bland i beleive its a new one.. ( mastermind)

This auction was a SFR with an ARV of approx $165,000 and the ‘home run’ number was probably around $115,000.  

@Shlomi Mor insurance for Section 8 housing can run higher. 

I think the odds of you running into one of those types of dogs is extremely low...