As someone else mentioned, it's a larger issue than real estate investing - it's a societal issue and an issue of the nature of capitalism. 

Did you ask what non Section 8 rent would be.. most of the time in those markets I find folks go for section 8 because not only the perception of guaranteed rents  the HUD rents are also higher than the market rents.. other wise why use the system everything being equal..  

Hi,We've uprooted ourselves from down under Australia and plonked ourselves smack in the unlikeliest of places, Japan, at a 360 degree cultural turnaround.We arrived two months ago and have survived in a country that speaks extremely limited English and has rigid societal and cultural norms.

I think the overall point is that there will be varying perceptions of any single event, whether positive or negative, by all involved and it is the generalization of those perceptions that often results in misaligned expectations. 

But, if you employ the same accounting principles as an individual, much of the questionable expense matters go away as well.A bigger plus is to marketing, if you advertise as ABC Properties, LLC, the public perception is different than advertising as Mom and Pop.

The only indicator of how the financial information was used, was to generate a pricing quote -- and the perception of that is depending on you have little or much you have, you pay more, or less (I could be wrong here, but that's the perception). 

@James Maradits I think you are very intuitive in your perception...by that, I mean I used to be hard on Cleveland...that said, we're all representing our respective markets the best we can (or should be)...but we are all in the state of Ohio.

While optimizing space and packing people in house might make financial sense, it goes against societal norms.

I personally have certain amounts I act on so then tenant doesn't get the perception I am nickel 'n dime-ing them every month.

When your having your doubts just keep pushing toward your goals and doors will open up as your mindset and perception changes.