Never done a Section 8 Deal, but an opportunity has surfaced

[Steve S.]

3 duplexes right in a row in a C+ / B- neighborhood.

ALready pre-approved for Section 8 at $550 per month.

All 3 duplexes for $190,000

Currently livable but have some opportunity to improve them.  4 of the 6 are currently rented.

Thoughts?  What am I not thinking about regarding section 8 that would maybe make this a bad deal?

Property has been on the market for about 150 days and has dropped in price almost $50,000. (<- seems like a giant RED flag)