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Updated almost 4 years ago,
Are cheap non section 8 Oklahoma or Arkansas properties viable?
I'm familiar with the pro's and cons of sec 8 and may consider it in the future but I would like my first property in one of these states to not be section 8 and am wondering if it is viable to invest in a single family home there that is under $40,000 where there would be enough interest from non section 8 tenants. Although I don't live in either state I have spent time in both Arkansas and Oklahoma to get a feel for them and think they are both places I would be interested to invest. I realize that any house in this price range is probably not going to be the most attractive to a non sec 8 tenant but wanted to get perspective from someone with more knowledge as to whether this is potentially viable. Also, if you think it is not viable in either of these places but know of somewhere where it is for houses in this price range I would be curious to hear that as well. Thanks