State program for homeless teens as tenants?

[Mike McGee]

We received an inquiry on one of our rental properties from an agent. He said he represented a non-profit organization who is partnered with the state to provide housing for homeless teens. The state would pay the rent, commit to a 3-year lease and cover any repairs under $500. There would be up to 2 teens per bedrooms (so 6 teens in a 3br house), and an adult social worker would be there to supervise 24/7. 

Has anyone ever rented to such a program? Thoughts on pros/cons? Six teens is a lot in one house, but they would have full-time adult supervision. This is through the Department of Family & Children Services, not Dept of Corrections. So sounds like abandoned kids, not juvenile criminals. 

[Andrew B.]

I know in NJ, once foster kids reach a certain age, instead of looking for housing they will try to help them transition to adulthood by giving them monthly stipends and having them live in a house with a govt employee who helps them  and teaches them. Kind of a halfway house scenario, but for foster kids instead of addicts. This is what that sounds like to me.

From a business viewpoint, your rent will be backed by your state government, but I can see 6 teens doing serious wear and tear, especially since many kids who have come from the foster system are not always outstanding citizens yet. I would only consider this if the property is not very high end. Your home will likely take a beating for awhile.