Hi Kelli,Pros:  Practically guaranteed income once your property manager finds an approved Section 8 tenantCons:  You must find a seasoned Section 8 property manager- no exceptionsHigher chance of legal issues with tenantsHomes in the area tend not to appreciate like homes in areas with little to no Section 8Rental homes must pass a Section 8 inspectionLots of legalities you must adhere to when accepting money from the stateRemember a couple years back when the state of FL suspended ALL section 8 payments? 

I assume you have a no dogs policy and every person over 18 must pass a background check? 

Our ad specifically said do not apply if you  cannot pass a criminal background check.  

How much could I pass as dividends in an scorp tax approach.  

Shorter contracts sometime works, but it is not always best and usually will not pass a lender's underwriter smell test when conventional financing is involved. 

I dont tell them I dont take section 8 , I just tell them it wont pass a section 8 inspection .  

The low end flat out told me they could bomb the property and it would pass as long as it was tested the very next day. 

It’s possible Congress may pass a narrow amendment to Section 265 of the Code to specifically permit a deduction and double dip, but for now, no deduction is allowed..."

Thanks Brian, hip dysplasia (I know that isn't the correct spelling, no idea, but how it sounds to me), arthritic pain, when they pass a meal it's getting bad.

Never pass a chance to learn something.