Section 8 Housing in Jacksonville FL

[Jordan Baker]

Hello everyone, 

I am an investor looking to rent out section 8 housing in Jacksonville FL. I have never had tenants through section 8 and was looking to see if anyone has any insights or testimonies of renting section 8 in Jacksonville. I have been looking at properties on the North, South, West, East side, and Arlignton mainly. These areas seem to have a higher ROI for each property and most 2 bed rooms accoridng to HUD have a fair market rent rate of $850-1000.

Any info or testimonies on quality of tenants, process for getting a property approved for section 8, or things to avoid/be cautious of when renting out section 8 would be greatly appreciated. 

Thank you for your time and help!

-Jordan
 

[Anastasia S.]

Hi everyone, I'm also interested in duplex/fourplex and section 8 in Jacksonville (buy, flip and hold) as well as SFH for short-term rentals (Airbnb). Was wondering if the rent prices and demand have been declining because of the covid. I have visited the downtown area of JAX a few times in the last 2 weeks - the city looks empty and not alive... Not sure if I got the wrong impression.

I'm currently working on a flip in Gainesville, Florida, and looking for my next project. Will be happy to connect with other investors (considering a 50/50 partnership) or local specialists who have properties for sale that are not on the market yet. I'm not attached to a specific location and also looking into Daytona Beach area and down the coast.