A voucher pays his rent and they will stop after June

The tenants know that they are not allowed to have anyone else not on their voucher live with them, but I have a tenant who has moved their boyfriend into the unit.

I know out here in East TN you get a voucher which covers $X amount, and if you find a place for more than that you have to cover the difference yourself, the caveat being that the total you pay in rent cannot exceed some percentage of your available income - i.e. they're not going to give you a voucher that you can then use to go live in a palace by paying the difference. 

I think I actually get more then the $700mo when including the voucher.

Some provinces offer energy rebates or tax vouchers on these kinds of improvements, so for me, it's a no brainer to spend that extra cash upfront.g) Much more room to pull your money back out after development when it comes time for refinancing.

I’ve got a potential tenant who is interested, and mentioned they would be paying in section 8 vouchers. 

In 1985 I found that the best way is by utilizing the Section 8 voucher program and in my opinion that is still the only way to achieve long term success.

Think of it this way ...Having that section 8 voucher is a powerful tool for them .

Tenants can be liars and outright thieves.Section 8 (tenant #2):With my first tenant finally gone, I was able to clean the unit and rent it to a Section 8 tenant.Finding a S8 tenant is very easy, just list your property on GoSection8.com and you'll get bombarded with inquires.I setup a scheduled viewing time on a Sunday afternoon, and had everyone apply electronically thru Apartments.comI sorted through the candidates applications, credit and background checks.Amazingly, my ultimate selection had been on the S8 waiting list for a voucher for almost 11 years. 

Section 8 folks can take their voucher and use any place in the county.