(RANT) Section 8 is not Guaranteed!

[Nathan Fisher]

I have to vent. Section 8 is not GUARANTEED MONEY. IT is not a cure all Panacea. It does not always pay more than market rent.

1. Tenants pay  30% of their adjusted income. They still have a monthly payment. They often don't pay it, and since Section 8 pays a portion, you have to wait til next month to place a 3 day. That percentage often changes

2. Tenants can lose their voucher. I am evicting a tenant who lost their voucher

3. The inspection letters often are sent to the tenant, the inspectors don't arrive or cancel appointments, and they fail properties

4. I have 3 properties I can't get paperwork for, and 2 other's that I'm still waiting on a decision 30 days +

Section 8 sounds so great. The organizations that run them, completely ruin it. 

https://imgur.com/gallery/xlMn0Ad