Section 8 Demand for 1 Bedroom Units

[Jason V.]

I'm looking at a small multifamily property, and the intent would be to have at least 50% of the units as Section 8/Voucher units. (Not looking to start another debate about Section 8 rentals - I understand the pros & cons)

Here's my question: I'm under the impression that one of the criteria for receiving a voucher was having dependents. Am I wrong about that? For you Section 8 veterans out there: how hard is it to keep a 1 bedroom occupied? 

With the unit breakdown on this property it's probably not worth buying if I can't get voucher recipients in the 1 beds - any issues with that besides the usual/obvious?

Thanks all!

[Brandon Sturgill]

Call your local metro housing authority to get a response straight from the source: https://www.rochesterhousing.org/

And ask them about VASH...a much better program than section 8. 

Good luck!