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Updated about 2 months ago on . Most recent reply
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Renter Profile - Assisted housing program - good or red flags?
We have 2 potential renters for our property. Has anyone had a renter on an assisted housing program? What are your thoughts on these types of tenants? Good or if there any red flags? Appreciate your thoughts?
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We rent to plenty of S8 applicants; I've always believed the standard of care they exude is as high if not higher than "market" applicants because they'll get kicked out of the program if they don't. Part or all of the rent is covered by the US gov't (take that as you will). The front end can sometimes be tedious to get approved by the local housing authority, but rent payments are always timely. Screen them as you normally would - does their income substantiate their portion of the rent +/- a little for changes in what the housing authority will pay out? What do their previous landlords have to say about them?
- Pat Lulewicz