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Updated over 14 years ago,
how hard is it to get assigned section 8
I'm looking at a house that is a bit sticky. It is in a warzone but even with that priced in it is quite a bargain, practically a steal actually (highly highly highly motivated sellers).
With this type of situation, I would really only be comfortable trying to rent it out if it was section 8 to lesson my risk of non-paying tenants. Even at this point it probably would be too much of a headache to hold indefinitely but it would easily cash flow till I was sick of it and then could probably be flipped in the future for decent profit (high ROI even if actual profit wasn't huge).
What is the process for getting properties approved for section 8 tenants?
Thanks team.