Since it's a TH, I don't need to save quite so much for CapEx, so the $3500/year it cash flows is fine.  

Thy won't look at houses above x no matter what's included.

Just get really clear on what the rules are in your area and don't assume thy are the same for your section 8 as your non-subsidized renters.  

Haven't you seen the show "Fear Thy Neighbor" :)

@Jordan T.

His deals are better than grants who takes 75% of the capital gains when thy sell the property.

In our rentals I was fortunate enough to have the original hardwood under the carpet to refinish, in the areas where they were not salvageable and in the kitchens we used vinyl plank and love them so far…super easy to install (score and snap or cut with tin snips) and durable/water tolerant and my opinion is thy look as good as cheap laminate.

Those that work hard and educate themselves to do thiings right are those who make money and that is certainly not the "easiset".

@Rajesh T. , Hi!

@Lydia T.