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Updated over 8 years ago,
Section 8 Demand for 1 Bedroom Units
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!