I know I saw a posting from Philadelphia officially prosecuting and aggressively going after landlords that advertise "no section 8" on craigslist , they do have a number to contact the city to report and are fining, so given the costs stated if you lose is it worth the risk, and as far as rent amount, they compute 3x the rent from the tenants contribution, since most section 8 only pay 30% or less they would always qualify, some zero income actually are 100% cover so based on contribution would qualify for any, and section 8 cant have major criminal background or evictions during time covered by section 8 they would pass that screening, so perhaps best way is to crunch the numbers or credit, to see the tenants priority on debts, some although that have higher income would rather spend money on toys and diner out, a voucher takes so long to get they may not want to lose it, and if some has lots of undocumentable income or less stable say make $30 hr but only keep that job for 2 months till they get in... have to look at each scenario , maybe if their current address is local just drive by it, may be questionable but peace of mind...

Peace!!

@Peace Lily not sure about your area, but in Florida typically the owner pays the fee for finding a qualified tenant. 

If the spread between your cost of capital and return inverts (goes negative) because of interest rate environment, deal flatlines or fails, etc you'll be in bad shape.  

Fellow BPers in Los Angeles and environs,I've been doing deal analysis for MONTHS and cannot find properties that meet that 70% rule for fix and flip and BRRR.

Additionally they could be sued by bank stakeholders for mismanagement for not enforcing the clause in a higher interest rate environment, i.e., failure to be fiscally responsible in managing the loans.

Peace.

These provide peace of mind.

It is a board game and can help you develop a strategy in a safe environment.

Real Estate is one part of the game but what's more important is it's a safe environment to learn how to set up your financial statements for your business.