Section 8 Question On Rents. (Section 8 Experts NEEDED)

[Tyler Piciullo]

Hi. Let's say that for a zipcode the local Section 8 HUD Payment Schedule is $2500 after utility deductions call it $2300. Now let's say the going rent in that zipcode is $2,900 for a non-section 8 program tenant.

Question 1. Can I ignore the payment schedule and still ask for $2900 and go for a section 8 tenant? (Hoping they contribute the amount to cover the difference $2500 to $2900)

Question 2. Would it be better to just assume..hey with Section 8 I am only going to get the payment standard of $2500 So this isn't a Section 8 market and should just go for a normal paying everyday tenant at $2900