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Updated over 10 years ago,
section 8 or lower rent
I recently posted an Ad for my 3br for $2000 in Brooklyn, NY. It is a 2 family house. My PITI - 3000. I am currently getting 1700 for the 2 br unit. I have 2 potential tenants. A Section 8 family with a smoker for 1900 in which section 8 will cover 1600 and tenant covers 300. I have another family interested with good credit 35x rent income. But is only willing to go up to $1800. Should I rent to section 8, rent to family for $1800 or keep looking. The apt has been on the market for a month and a half. It is in a appreciating working class neighborhood in Brooklyn.