I will do the best that I can to work with you on this if you are interested.Again, I do not like the area, but, this home is currently rented with a FEMA or Sec 8 voucher of $1,100 per month.

Read the fine print on your prospective tenant's Section 8 voucher.

As it happens, I am very concerned about my tenants - many Sec 8 voucher holders reside at my building and several of them are model tenants.

God bless Landlords that are willing to give section 8 voucher holders a better life, in a nicer area.

Because they know if the landlord reports the problems to section 8 they can lose their voucher so they would rather leave than take that risk.

I'd also toss at least an 8% vacancy rate in the numbers.Run those numbers down against that $900/month section 8 voucher and I'm pretty sure you'll be making a nice chunk of change so long as you don't have to pay utilities to get the $900.

If my understanding that if they lose their voucher, they have to clear all debts to prior landlords before they can get another one, so some landlords get payments years later.

The Section 8 voucher is a guaranteed payment of the rent and affordability is not in question.

I got an application from a nice young woman with a Section 8 voucher.

Trouble where I am isn't the rents, but finding a good tenant with a voucher.