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Updated over 10 years ago, 06/30/2014

User Stats

236
Posts
22
Votes
Jimmy S.
  • Investor
  • lehigh valley, PA
22
Votes |
236
Posts

Would you rent to a section 8?

Jimmy S.
  • Investor
  • lehigh valley, PA
Posted

Long story short I never dealt with section 8.

She is a single mom with 5 kids, yes 5 kids. Right away I can see the kids damaging everything. Rent is $1050 a month and section 8 will pay for $800+ each month. She does have a job and from what this hud person I have been dealing with who called about the property is she wants to get the kids in a much better school district and will be moving alot closer to her job... The property right now is in decent shape. 3 bed 1500sqft and shes very excited and hopes it works out..

Would you accept or decline them and is there anything else I should know?

Thanks again

Nate

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