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Updated almost 6 years ago,
Section 8 as a hedge against recession
Hello BP,
I started investing during this latest market boom, so I have no experience with landlording during a recession, and I would like to hear opinions about an idea I had. How do people here feel about using section 8 as a hedge against market downturns? I figure 1-2 section 8 tenants per building could provide enough guaranteed income that I should be able to weather most storms. The government pays the majority of the rent, so job loss is less of an issue, and rental rates won't go down as quickly. Thoughts?