Addendum to Section 8 Leases

[Angela Henderson]

Anyone landlording with Section 8 where you added an addendum to the HUD Lease? I want to put in my own quarterly inspection criteria and am unsure of what I want to put in as a checklist that I intend to inspect. Will this make it more difficult to find a tenant? It's my first property and I don't want to be overbearing but I don't intend to be an absentee landlord so I want to be sure the property is properly cared for and want to be specific as possible in the lease so that expectations are clear. Any words of wisdom?

[David DuCille]

I don't understand what HUD lease you are referencing? There is a HUD addendum that is required but that is in addition to your lease. You are supposed to find the tenant and sign them to whatever lease terms you choose. Only requirement from the housing authroity is that the initial lease be a full year term. You will know your own market best. Here in tampa in some of the worse neighborhoods a lot of landlords are reducing the security deposit which just seems a bit crazy to me but I could tell that many tenants were scared off by the thought of paying a full months security deposit....which is fine by me, I don't want those tenants.