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Updated about 5 years ago on . Most recent reply
Selection 8 Atlanta
I'm looking at a duplex in Atlanta. One unit renting to section 8 for $1103 per month the other side $800 which is close to market rate.
With the $1103 per month for both side the deal meet the 1% rule. However the deal dont make sense with a market rate tenant.
My question is.. 1) Can you rent both units in a duplex to selection 8 at one time? Or are there a certain % that can be selection 8 occupied in a building?
2. Can I expect both units to get same rent from selection 8 if they are identical units.
3. Do you analysis a deal based on selection 8 or market rate.