slumlord: Wise or foolish

[Pat Bahn]

Hi

I have a shot at buying a small MFDU in DC that has section 8
tenants in it. Now, the plus side is that voucher should pay me the
rent. The negative is you are dealing with some real low level
characters.

The deal looks like it will produce a cap rate of 13, so
that's decent returns and it's close to mass transit so the area should improve over time.

But what do you all at BP say?