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Updated about 2 years ago,
Section 8 tenants, is it worth it?
I have recently bought a primary home which used to be owned by a disabled person. in Gwinnett County, Georgia There are some features such as ramps and handrails in places where one might suggest is ADA compliant? Since last year I've been remodeling the home (1958) and have put about $20-25k so far in repairs and upgrades. Now my mother, who is a section 8 tenant in NYC, wants to move down to Atlanta. She is disabled( stroke ) and has been for over 25 years. The home is in Gwinnett County and I would like to hear from anyone who rents out to section 8 tenants in Georgia or the surrounding areas. Is it worth going through the process of becoming a Section 8 Landlord to rent out my home to my mom or is that even possible? We were planning on using the BRRR method to this home and moving onto another but the mortgage rates have gone so high , with my rate now its not worth going into a new mortgage unless it is a MF and I have my 20% down. I appreciate the time....