List Only

How do you go about turning a rental property into section 8 housing.?

I'm looking into buying a couple properties in lower income areas, and i hear they are in areas with section 8 housing. Ive been told, its a good program, So I'm curious about it. Also do you know of where i could go to find some info on the program. Thank You for any help.

Public Comments

1. Every area has section 8 housing, Its government run. Contact the city hall in the area you are looking at for more info and specifics on Section 8 in that area. In Cleveland, there is a waiting list for properties to apply. However if you have a tenant who is on Section 8 come to you and you accept them then you have a section 8 tenant. Either way your property has to qualify for Section 8 - no code violations and specific standards. If your property is set up for section 8, you do not have much of a choice on who you get in. Yeah, you get your rent every month but is that person may be causing more harm than good in your property. Good luck.
2. This is the first I have ever heard it was a good program. It is government paid housing for the lazy. The problem is the lazy have no regard for your property and will destroy it. And as they will never have anything in life you can't sue them. Not a great deal for the landlord. But if you are a gluten for punishment all you have to do is advertise you will accept the voucher and wait for one to show up. Once you have that the housing authority does its first inspection and you are good to go. The HA will limit the amount you can charge for rent, roughly 80% of fair market rent. The voucher holders tend to move around a lot, once they screw up one house they move on to the next one, so you will have one for at least a year.
3. Just accept section 8 vouchers. Done.