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Updated 3 months ago on . Most recent reply

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Tyler Gilpin
12
Votes |
16
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Can I section 8 trailers?

Tyler Gilpin
Posted

Looking to buy a trailer (that's not in a park, no HOA), and rent it to section 8. Is that possible or smart to do so?

I’m located on the Illinois side of St. Louis. 

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198
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Michael J.
  • Real Estate Agent
  • Greenville, SC
136
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198
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Michael J.
  • Real Estate Agent
  • Greenville, SC
Replied

Hey Tyler,

This sounds like an interesting opportunity! The short answer is, yes, you can absolutely buy a trailer on private land and rent it out to Section 8 tenants. 

A few things to keep in mind:

  • Section 8 requires the property to pass an inspection based on HUD's Housing Quality Standards (basically making sure it's safe and well-maintained).
  • The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.
  • You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.

Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.

This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income. I’d love to hear what properties you’re considering and how this pans out for you!

Let me know if you have other questions—I’m happy to help brainstorm!

Michael

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