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Updated about 6 years ago,
Anyone doing Section 8 rentals in Petersburg Virginia?
Hello,
Wondering if anyone in the Central Virginia area was investing in inner-city Petersburg or Hopewell? Specifically, doing Section 8 in the lower-priced, rougher areas? I currently have rentals in Richmond (have done Section 8 there inner-ciry), but was thinking of trying out Petersburg. Richmond is way overheated right now.
Tossing around either Section 8 or maybe doing fix and flip to other investors and I carry the paper.
Thoughts?