​Absolutely! Market rate rent is determined by an average..  To benefit, you would buy properties in areas that have rents lower than the average rate.

Yes! I recently got quoted $1600 for a 2 bedroom apartment in a "A/B" class neighborhood.

Also, if you do a few modifications, you can still profit in expensive neighborhoods.  You could add bedrooms or even units to increase the overall cashflow, so the numbers make sense.  There is a section going into more detail inside the course.

There are many ways to answer this question. More people living in a house = more wear and tear.  So bigger houses with 4,5,6 bedrooms will have more wear and tear.

If renovating your property, use materials that is durable.  I use 5/8 sheetrock, hardwood floors, solid wood doors, cabinets etc. These items cost more upfront. But the durability makes up for it over time.

Then you screen for the right tenant. And  when you combine this with my strategy for high rents, you should have more than enough cash flow to cover wear and tear.  

If the tenant turns out to be a bad tenant, dissolve the lease or evict and start over with another tenant. I explain both of these processes in the course.

The demand is so high, there is no reason to keep bad tenants.

The housing authorities use payment terminations to make sure they get what they want, to keep tenants in line, and make sure landlords provide safe housing.  

For explample, if a tenant doesnt hand in paperwork every other or every 3 years, they will put payments on hold to get the landlords attention and incentivise them force the tenant to submit paperwork. Most tenants know the procedure, so this problem is rare.

If the tenant has violated the lease, landlord can complain to the housing authority. The HA will terminate the the tenant from the program if they don't comply, thus terminating your payment.  If the tenant wants to stay on the program, and most of them do, they will comply. (I don't do this unless I have already filed for eviction) I go into more detail in the course.

Lastly, if the property isn't maintained and you fail inspection twice, they will terminate your payments.  I give advice for finding good maintenance workers and passing inspections.

Yes! I have worked with many agencies over the years.  I am currently working with 3. But most of my rentals are under the Section 8 program. I give the pros and cons of other agencies in the course.

If your property manager is doing a great job managing regular tenants,  Keep doing them in their zone of genius. Don't change anything.

If they are not doing a good job or you have tenants not paying rent.  You should find another manager, ideally one that works with section 8. 

Or Manage them yourself!  Its not that bad, you would probably do a better job yourself. (once I teach you in my buy and hold course)

But I do teach you how to screen and how to have continued success with the program, so you would do fine with the information provided in this course.