I wanted to get BP's opinion on tenants that are Veterans and their rent is paid through a voucher program.

Hi,Just checking if anyone would know if the law allows to charge a tenant over what their voucher would give them

Since we have two housing authorities in Bham and neither is particularly light on its feet, investors can lose a lot to wasted time for inspections, revoked or reduced vouchers etc.

So I am a New Licensed Real Estate Agent out of Brooklyn,NY I have an abundance of customerslooking for apt that take various vouchers...

There isn't usually a move out inspection completed by the Housing Authority in most places, and only in a few locales is there any sort of program through the PHA for damages caused by renters using a Section 8 voucher.

They don't want to chance loosing that and understand that if they get evicted, it can have jeopardize their ability to continue on the Housing Choice Voucher program.Even though we have chosen to target only C+ and better neighborhoods for buy & hold, we've already made the decision to accept Sec 8.  

I'll say my gut would lead me to guess one of two things:-Its a very depressed area and this is a tax credit complex (or similar subsidy) where the rents are fixed at a % of Area Median Income (AMI) rather than open market rents-Its such a crappy area that you're only able to attract the lowest of the low income folks: not anyone with a voucher, but the folks on straight SSI (no SSDI) for a reasonable proportion of their income. 

This pretty much sets the baseline as far as monthly rent goes.I have seen these same tenants take their same section 8 vouchers, move out the suburbs for better schools, better neighborhoods, in which pushes the rent rate higher for the better good of the neighborhood.  

Essentially, I am purchasing with the intent to rent to my mother-in-law and her kids who has section 8 housing and who’s housing voucher could cover enough for fair market on a 3 bedroom home.

At that point you will know what the voucher will pay up to.