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Updated about 1 year ago,
Question regarding section 8 for old manufactured house(pre 1976)
Hello,
We have a property which has 2 old(pre 1976) manufactured houses in San Bernardino county California. We listed a rent on Zillow, and I got an inquiry from prospective tenants if we accept section 8.
I googled and I saw that there are pros and cons.
Some of the pros that I like is that they normally stay for many years, guaranteed to get paid, and we can get 20% more rent.
Now, I have questions.
- 1. Is a manufactured house which was built 1976 qualified for section 8?
- 2. I just wonder how it works at the tenants' side. Do tenants pay some portion of rent or do tenants pay nothing?
- 3. Does HUDd pay only rent or does HUD pay utility and renter's insurance too for tenants?
- 4. Is renter’s insurance mandatory for section 8 tenants? I couldn’t find any insurance company who has renter’s insurance for our old manufactured house.
- 5. What’s the most that section 8 will pay?
- 6. The prospective tenant already knows how much we are going to rent the unit. Can we ask for more money?
- 7. There is a storage unit that previous owners built which is connected to the house. And I’m pretty sure that it is not permitted. I heard that there will be Inspection. Do you think we have to remove the unit?
- 8. I found there is section 202, something similar to section 8.
- Please share what you think about section 8 and section 202.
it would be appreciated if you can answer some of my questions.
Thank you.