HI there - I have a potential tenant who said she has a CITYFHEPS voucher and that they'll pay 3 months up front.

People with permanent housing vouchers tend not to move often, so you should compare vacancy in both property size, type (detached/apartment), and payment source as much as possible.Generally, you might want to consider just sitting down with your insurance rep/broker and your own household finances to get a handle on what's covered and what you're seeing for expenses in your own home.

Source of income is now a protected status in the fair housing act, meaning you can’t deny because the applicant plans to use housing vouchers to pay rent, but that doesn’t mean you have to rent to them.

But, having a Section 8 voucher was not immediate grounds for approval.

@Remington Lyman, let me rephrase that, to attract tenants with higher value vouchers the house needs to be top notch@Ben White, thank you so much.

Just because they have a voucher doesn't mean they are the right tenant.

You will be sued regardless of where the bikes come from if you are involved at all....That is what the voucher is for!

I know this is old, but weren't you still getting the guaranteed rent from the Sec 8 voucher.

I had just come across a section 8 strategy video on youtube of a very well-known and successful investor who actually recommended not using multi-family properties as housing for targeting individuals with section 8 vouchers for various reasons...and now I'm afraid!!!

CA already has tools to address the demand side like section 8 vouchers, so the ways to address the housing problem are in no way mutually exclusive.The issue in San Diego is undoubtedly an undersupply of housing relative to demand - I think even the most liberal politicians here acknowledge that.