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Updated almost 12 years ago,
Inheriting Section 8 Tenant - now what?
Looks like we are going to successfully close a deal with tenants in place. One unit has a long term Section 8 tenant. We have never done Section 8 so I am wondering what happens when we acquire the property. Does it trigger a new inspection? Do we have to file something to be on record with Section 8? Any info will help. I have just read the Section 8 Bible and in between laughing out loud, did learn a few things but not this item in particular.
Thanks in advance.