Don't plan your future based on what a bunch of strangers on the internet tell you is the right return. 

It's essential to weigh the pros and cons based on your specific situation and needs.

Your local PHA may also have resources to help match landlords with eligible tenants.The PHA must approve the lease agreement, ensuring it complies with Section 8 rules and rent limits.Pros:Guaranteed Rent Payments (sometimes even 100% based on certain tenant criteria)High demand for Section 8 rentals, which can reduce vacancy periods.Many Section 8 tenants prefer to stay long-term, reducing turnover rates.Cons:Properties must meet and maintain HUD's health and safety standards, which can involve additional maintenance and inspection requirements.The PHA limits how much rent you can charge, which may be lower than the market rate in some areas.Tenants must qualify for Section 8 based on income level and other factors, which may limit the pool of potential renters.Dealing with government agencies can sometimes be time-consuming and bureaucratic.In summary, converting your home into a Section 8 rental can be a good strategy for attracting and maintaining long-term tenants due to the stability and reliability of government-backed rent payments.

Hi all, for the experienced self managing landlords out there, I was wondering if folks can share what you do when a tenant moves out. I'm very familiar with self managing in terms of the tenant screening process, get...

I did research and found out the system needs to replaced so I put my offer in based on that knowledge!

I'm not sure of the regs but I moved some money from my Trad IRA and Roth to SDIRA's years ago.The fees are largely based on transactions not asset value. 

Sell it...based on your post if you rent this I can almost 100% guarantee you will feel angst and concern with every tenant.

For sure mate,I bet in higher end markets where you are based in, it's mostly clients F@$#%ing over the contractors..In Toledo, it's the other way around.We mostly get screwed over by contractors heheHappy Saturday 😁 

Maybe talk to a real estate attorney to weigh the pros and cons based on your specific situation.

Hey , I am happy to connect you with a NYC based lawyer who can help.