Section 8 Tenants, are they really that bad?

[Nick Weisend]

My business is currently based in Cleveland OH. I’ve been renting units in a B neighborhood with very solid rents for the area $500-$600 cash flow a door.

With that being said, there are a ton of homes popping up just outside my area in what I would consider a C neighborhood, nothing horrible just normal lower-middle class families. I was in shock when I saw how much these zip codes were paying for section 8 tenants.

I wanted opinions, pros and cons, etc from people who have taken this route. I’ve read the horror stories but also the success stories.

Thanks so much for your input!