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Updated about 7 years ago,
Bought multi-unit with unknown section 8 tenant
Recently bought a multi-unit rental in Minnesota, the price was right and it seemed mismanaged, so there was an opportunity for growth. Then yesterday in the mail I received a letter from the local housing authority, asking for my bank information and W-9, so they can pay me a section 8 voucher.
My question is, is there anything I can do about this? My primary partner and I have criteria that limits section 8 on our other properties and we do not wish to deal with it. Are we stuck with the leases we acquired and have to wait until the end of them?
Thanks