Section 8 Rental- To Install Central A/C & Washer/Dryer
I put my first investment property in Baltimore, MD recently. I am about to start the rehab and plan to rent it as a Section 8 property once I'm finished. I am deciding now what level of renovation will give me the most "bang for my buck." I've heard that Section 8 pays more for properties that have things like ceiling fans, central air conditioning, and washer/dryer in unit. That said, I haven't been able to find definitive confirmation on this topic. Moreover, I would be interested in hearing some firsthand experience on how much extra income I could expect to see if it justifies the added initial expense.