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Updated about 2 years ago,
Should I Rent to Section 8 Tenants?
I have been having trouble getting the other side of my duplex rented. I have dropped rent multiple times and it is listed in a lot of places. Most leads that I have been getting are for section 8 tenants or tenants who don’t meet my minimum requirements. I currently am staying in a Class C area. I was wondering if instead of lowering rent, I should keep it where I had it, and consider renting to section 8. Although most of the rent is guaranteed, I know there can still be issues with these certain tenants. I’m wondering if any of you have rented to section 8 tenants or are familiar with the process/experience. At this point it feels like I’m going to keep paying the whole mortgage unless I get someone in here soon. I would love to hear your thoughts about doing this. Thank you!