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Updated about 4 years ago,
Travis County Section 8
Hello, I am considering accepting Section 8 voucher tenants for my SFH and small MF rentals in Travis County. After reading previous forum posts, I've come to find out Section 8 can be tenant or landlord "friendly" but this varies from market to market and even county to county. Has anyone had experience renting to Section 8 tenants in Travis County? My properties are in solid B class areas and have been well maintained and will be professionally property managed.
I like the idea of guaranteed rent checks, especially with such tumultuous and uncertain economic times and am not turned off by the idea that my properties have to be kept up to code and in good shape. Assuming the applicants are properly vetted and found to be qualified, what are your thoughts on renting to section 8 tenants? Pros vs cons? Can they be treated like any other tenant in that if they violate the lease agreement they can be evicted (assuming not due to a COVID-related hardship)? What's the process like for raising rent to market value year after year (any restrictions about this)?
Thanks in advance!