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Updated almost 6 years ago,
What's the latest on section 8? Go or no go?
I'm looking to buy and am going to be viewing a property that already has a tenant in it, and the tenant is being subsidized via section 8. I don't have any experience or much knowledge about section 8. When I talked to my realtor about it, she sounded positive over the prospect of the government paying the rent. However, after reading this article on BP regarding section 8, I'm concerned over the possibility that the tenant would not be able to pay rent, even with the subsidy.
So I'm asking you all for your experiences. Do you all think renting out to section 8 tenants is a good thing or a bad thing?