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Updated over 5 years ago,
Section 8 in low-crime areas
I'm interested in hearing from anyone who has experience with investing in section 8 properties that are located in low-crime areas. I've read enough to know that I want to stay away from the $50K properties in urban areas, but I wonder about those that are located in the outlying areas of cities in the Southeast - where "country" folks often live. For example, I'm considering a couple of properties in some of the rural parts of Rossville, GA and Fort. Oglethorpe, GA. The former area isn't one where I'd want to live, the latter I'd consider for my own family, and both are within 15-20 minutes of Chattanooga, TN. It seems that it could be possible to attract a higher quality tenant than in downtown Atlanta, downtown Chattanooga, etc. and, therefore, might be worthwhile to consider section 8 in areas like these. However, I have zero experience with section 8, and am new to rental investing (though I've flipped in higher-market areas), and I want to tread carefully. Thoughts or advice?