Thanks, Hi Gene,You’re asking great questions, and yes from what I can tell, things are shifting in the Cleveland Section 8 / Housing Choice Voucher market, which could explain some of the issues you’re seeing.Here are several changes or challenges currently in play.

Welcome, Neil Rental arbitrage with short and midterm rentals is a smart play great cash flow model.

Honestly, the first thing I look at totally depends on the story the property is telling me.If it looks like a project with lazy management (a value-add play), I go straight to the rent roll.

These typically are not a lot of money, but where the money spent comes into play is the PPC costs and who is running that for you.

Unfortunately the listing agent was playing games and we ended up withdrawing the offer because we no longer felt like we could trust the Seller or the listing agent.

There’s also a big push with redevelopment and new builds coming online.East Chicago is more of a value play.

That was the early vision, but after deeper zoning review and conversations with Pueblo County, we pivoted to a clean A-2 subdivision model with 1-acre minimums—no rezoning required.So now it’s:- 64.4 acres- 60 one-acre lots- Zoned A-2 (no entitlement battles)- Infrastructure-only play—no vertical construction requiredThis shift simplifies the deal, speeds up approvals, and aligns with rural buyer demand.

RV conversion is not “plug and play.”Make sure you’ve double-checked zoning, utility hookups (water, sewer, electric for each pad), and demand. $700/site sounds reasonable if it’s a high-demand area, but if there are already parks nearby or seasonality hits harder than expected, that income stream could lag.

I don't say that to be negative, but all policies will favor tenants and tax the investment; either you play ball with institutions/HNW or get the F out and sell to them.

Quote from @Kelly Schroeder: Scaling flips can be a challenge — timelines, contractors, and capital all play a role.