LA considering requiring rental property owners - Section 8

[Eric Carr]

The City of Los Angeles’ Housing Committee will be meeting on Wednesday, January 23rd at 3:00 pm to vote on whether to create a new ordinance requiring rental housing providers to accept Section 8 tenants. 

This could present issues for a lot of reasons, one because of the complicated inspection and qualification process. 

My feeling is this will not pass, let's pray it doesn't. I have no issue with section 8, but it takes a specialty knowledge to survive in that realm because of the government processes and managing tenants within the section 8 guidelines. This could really hurt smaller investors.