Section 8 Investment -Central Florida???

[Zachary Bellinghausen]

I have a few multi-family properties sent to me by broker that are section 8. I know of no one personally that invests in section 8. Anybody here on BP that has first hand experience in these types of properties? The ones I am looking at are mostly in Tampa/St. Pete area. In my mind, I play devils advocates and think of all the potential problems associated with section 8 tenants. In your experience do Section 8 tenants take care of your units? Do they tend to stay long term? Are there high turnover rate? Do tenants loose Section 8 status easily? Please, tell me all your experience, pros and cons in this subject. I would love to glean from the BP community. Thanks in advance!