If you’re familiar with the Section 8 program you’ll understand what it means that this tenant’s original three bedroom voucher was slashed to a two bedroom voucher at some point and the previous owner didn’t care.

My uncle finally received his section 8 voucher and wants to find a 1or 2 bdrm.

How long can she keep her voucher if she has a job?

Account Closed, I live and work in Baltimore city and buy a lot of properties in the city, typical deal is your all in for 80K on a fully rehabbed property which is worth 100K ARV, taxes are from 1k-2k a year, and your getting 1250-1400 a month for a 3bd/1 bath rental from a voucher program.

I have to play the cards right and take the voucher!

Those voucher tenants have real value especially in times like this where some tenants not paying 

Section 8 refused to do anything to the tenant and they stayed in the voucher program.

In most cases, after someone applies for Section 8 housing and passes the screening process, the government gives them a voucher for 70% – 100% of their monthly rent.Once you have a Section 8 tenant, you will begin receiving monthly payments from the government after a delay of 30-60 days for processing.

Has anyone had experience with the Homeownership Voucher Program?

It may be different in your area, but I'll use my experience to explain.Step #1: You find a tenant that has a section 8 voucherStep #2: You and the tenant fill out a contract for section 8Step #3: Sec 8 will inspect the unit, and will tell you what needs fixed to conform to Housing Quality Standards (HQS) They are nearly guaranteed to find SOMETHING you have to fix.Step #4: Once repairs are made, tenant will be given a move in date, and section 8 will determine what the rent will be for the unit, and how much of that rent the tenant will pay based on the tenants income (they cannot pay more than 30% of their income in rent) the Fair Market Rent (FMR) and the utility worksheet (the FMR is reduced based on what utilities the tenant pays).Step #5: Every month Section 8 will pay you their portion (unless there is some issues with the tenant or unit), and you'll have to chase the tenant for theirs.In my experience, Section 8 will not spend the time to inspect a unit until you have a vouchered prospective tenant.