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Updated about 6 years ago, 12/26/2018
Section 8 and kids under 6YO - Is it heavily regulated?
Hello BP members,
I recently bought a 2 unit SMF in a low income neighborhood (Buffalo NY).
I had to evict the upper unit and renovate, now starting to look for a tenant.
I priced it a bit high for the area and i have only one single mother with two kids (18 month old and a 9 years old) interested. She has a Sec 8 voucher and overall left very good impression. I did not run a background, credit, landlord, and employment check as of yet.
A friend of mine who is also a real estate investor told me that having a kid under 6 year old will bring only troubles with sec 8 as they regulate the building codes way more strictly and can ask me to repair "unnecessary" things. Did anyone experienced it and think the same way? Does it worth the extra $50 a month i can potentially make renting to Sec 8?
Best regards,
Jo