In general, after a tenant moves out, the housing authority would send an inspector over to verify if the tenant would still be eligible for section 8 benefits.  

Seeing what else the estate has may benefit you.  

Write what you expect to happen and enforce it, both to your and the tenants benefit. 

I have an engineer that does phase one, site inspection, and cost reserve stable for one price.Cost for everything above is in the thousands on average.Even if NNN with no landlord responsibility we still get the inspection as part of DD process.If the tenant doesn't renew it is important to know right before the option period kicks in how much life is left on roof, mechanicals etc. as in addition to the TI costs to re-tenant you can get hit with a lot of other capital costs.Lender is going to order a PCR site inspection report whether the buyer wants to or not.

Total real estate ROI should include 1) cash flow, 2) tax benefits realized each tax season in the form of real cash (non-operating items such as depreciation, mortgage interest, RE tax), 3) equity.

Can you find humor for a person to get out of responsibility by bullying, no respect to others or law by asking us give up our rights as landlord so he can benefit, no appreciation that we selected and trusted them with our house, no empathy or compassion when I called and pleaded with him yet the same person preaches responsibility, respect, appreciation, empathy, and compassion?

i am in the rehab phase of a 203k right now so feel free to ask me specific questions. dont forget to include closing costs to the amount you need to fund the 203k. this is on top of your 3.5% minimum contribution. 

Few things that I have learned from experienced investors and partners is that you want to keep your active and passive income separate as well (in separate LLCs) so you can take full advantage of the tax benefits - that is in case you are also planing to do buy and sell or flips. 

Don't get discouraged if you have to make changes to your plan just adjust accordingly and look for the benefits.

I mostly want to know the benefits of pre-approval jointly or separately with my spouse.