If you're buying a property with existing tenants, make sure you get copies of all the leases as part of your disclosure.
Another resource is go to City Hall's Housing department --- give address of the property and see if it's on their record as being approved (or even required) for Section 8 tenants. Some owners may have gotten low interest loans from the city in exchange for accommodating Section 8 tenants.
For Richmond CA see http://www.ci.richmond.ca.us/index.aspx?NID=86... more
By Marc Guzmanhttp://www.MarcGuzman.comÂ For the last 7 or 8 months, I have been talking about how the banks will eventually turn their foreclosure properties into rentals. Well yesterday, Fannie Mae