Government forced section 8

[Kevin Allen]

Ok, so I live in Louisville, KY. I currently have two sfr’s and was actively looking for my next purchase to pull the trigger on. Louisville Metro (Jefferson County in KY) is now in the works of passing a fairness ordinance where you have to accept section 8. For multiple reasons I don’t want to accept section 8. Mostly because of dealing with the program itself. I know similar laws have popped up around the country already. So anyways, I’m looking for feedback. What would you do. Should I keep with my game plan that I currently had in place. Should I look outside the county. Who’s to say that wouldn’t follow me to another county.

[Joseph Konney]

Additionally, if the prospective tenant insists on applying knowing that the building is not approved, let them know an estimated timetable of how long the inspection/repair/re-inspection process will take and that there is no guarantee - it may take longer. Talk to your local housing authority for a timeline in your area.

A clear rubric with acceptance criteria will likely weed out a lot of section 8 applicants for one reason or another too.