Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply

Needing Sec 8 advice!
What should I keep in mind while purchasing a duplex that has renters under HUD. I just placed an offer on a duplex built in the early 2000s that is in fairly good shape. What should I be looking for if I come to owning this property?
Most Popular Reply

With section 8 you need to be aware that it will involve a more hands on management style. Lower class tenants often lack many common social standards and need close scrutiny. Regular inspections are mandatory (quarterly at a minimum) to insure the property is kept clean, no additional tenants have moved in and pets are properly managed.