Section 8 - What am i missing?

[Adam Eckhoff]

Good Afternoon BP's,

Two-bedroom, Single-family house, listed for $110,000 (rounded), with an estimated mortgage of $680 (rounded). According to Huduser, a Section 8, two-bedroom unit would rent for $1,250 (rounded). QUESTION 1: Would you consider this a good investment; purchasing a renovated SFH, section 8 it, and utilize a management company? QUESTION 2: What are some basic "ideas/thoughts" that i should consider?

https://www.realtor.com/realestateandhomes-detail/5310-Norle...

Thanks,

Adam. 

Final FY 2024 & Final FY 2023 FMRs By Unit Bedrooms
Year	Efficiency	One-Bedroom	Two-Bedroom	Three-Bedroom	Four-Bedroom
FY 2024 FMR	$985	$1,098	$1,258	$1,645	$1,931
FY 2023 FMR	$885	$1,002	$1,164	$1,530	$1,777