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Updated about 5 years ago,
Section 8 Landlords - Please Advise
I just finished renovation on a 2 family property in Newark, NJ and posted up the vacant unit for rent. I received an application from a qualified section 8 tenant (receive assistance from city of newark) and approved them. They gave notice to their current landlord and must be out of their current residence by January 6 2020.
I setup the seciton 8 inspection for earliest possible date December 30 2019, and there were a few minor things that needed to be done such as smoke/carbon installs, window lock repairs, basement pipe leaks, etc. These repairs will be done immediately but it is very unlikely the inspection will be schedule by/before January 6th (when the tenant needs to leave their current residence). They are going to pay 70% of rent and section 8 will cover the remaining 30%.
Has anyone ever allowed a section 8 tenant to move in before passing the inspection? I believe all that will happen is I will need to forgo the 30% of rent from section 8 UNTIL I pass inspection, but can LEGALLY collect the 70% of rent from tenant in the meantime until I secure inspection. I would like to get landlords thoughts on this. Am I putting myself in a risky situation here?