The lower quality communities will often/usually allow renters as they have very low standards.

The first line I have the standard 8% PM fee, and on the second line, I'll do a placement fee in year 1, a renewal fee in year 2, and then a placement fee in year 3, etc.

If they are near $200/ month, I expect them to at least cover water, sewer, trash, and basic insurance. 

JeffListing Price:$159,000 INCOMERental Income$1,748 $.85/sqft.Garage$0 Laundry$0 Storage$0 Misc$0 Total Monthly Income$1,748 EXPENSESTaxes, Property$350 Insurance$100 UtilitiesElectric$0 Water$100 Sewer$50 Gas$0 Garbage$0 HOA$0 Lawn/Snow$0 Vacancy$100 Repairs$100 "Capital Expenditures (i.e. new roof)"$150 Property Mgr $0 Mortgage $705 Total Monthly Expenses $1,655 CASH FLOWIncome $1,748 Expenses ($1,655)Total Monthly Cashflow $93 CASH-ON-CASH ROIDown Payment $15,900 10%Closing Costs $5,000 Rehab Budget$5,000 Misc, Other  $0 Total Investment $25,900 Annual Cashflow $1,111 Cash to Start: $25,900 Cash-on-Cash ROI 4.29%

Especially in Florida when every year (almost) they suffer this kind of threats.As a flipper its very hard to find insurance company that will be ready to cover your house.As a home owner for rental: How much will the insurance company will cover in case of total disaster like this?

@Christopher M. is correct that even in states that cannot discriminate against SEC 8, it is unlikely a voucher holder will meet their standard criteria, and as a result, they would be denied for not meeting the criteria, not because they have a voucher.

In Florida, Teen killed in motorcycle accident  ( highly suspect that his plan to claim on insurance went awry and strong prescription painkillers involved).Single person occupancy and he was the only person on lease.He was in the midst of moving out, but left behind starving animals, drug paraphernalia, junk.Now multiple strangers are driving around and selling off his 6 vehicles and have been staying in the house after his death. 

Is there a standard formula developers use to determine if the property works with these numbers Building Area2,000 Sq Ft (20 Ft 50 Ft)Residential2,000 Sq Ft - 2 ApartmentsPart basement1000 Sq FtGrand Total3,000 Sq FtConstructionBrickFacadeComposition AverageLand Use1 & 2 family buildingsLot Area1,800 Sq Ft (20 Ft 90 Ft )Building ClassB1ZoningR6Residential FAR2.43Facility FAR4.8FAR as built1.11Buildable4,374 Sq FtAir Rights2,376 Sq Ft

If there was a mortgage on a house that got damaged there may an insurance claim that may be filed.

I purchased a 28 unit 10% cap at $30k a door though needed heavier Reno to bring it to $47k door renting around $640 incl utitlies.Be aware of cost of insurance and common water bills.Looking at an 18 unit deal in b/c neighborhood now which is closer to $65k/door targeting $800 /mo