Using the section 8 progam is no different than finding tenants outside ot the program. You still must screen your tenants carefully. The good thing about the section 8 progarm is that you have the agency also to help you mediate issues with a tenant. Using this program does not necessarly get you higher than normal rent. They will inspect your property and then if it passes they will let you know what they are willing to pay. I have had some section 8 tenants for over 10 years. It's worth checking out the program. I wish you all the best.
The biggest benefit of the program is that you essentially have 12 months of guaranteed rent (the county portion). Most landlords don't accept Section 8 because a) they don't take the time to understand the program and b) they don't have the energy to go through the process.
I recommend speaking with the Housing Authority in depth to find out if enrolling in the program is up your alley as a landlord.
Joshua B. Stein, REALTORÂ®;
Coldwell Banker Preferred - Conshohocken
Cell: (215) 866-8030 * Office: (610) 828-9558