Sect. 8 in Cahokia, IL

[Marvin Meng]

Hi BP!

I've been investing in SFRs and small (4-2 fam) multis in Edwardsville and Glen Carbon, IL. I've found the overhead to be quite high around here and am considering doing Sect. 8 SFRs in Cahokia, IL and the surrounding area. Do any of you have any experience with this market and if so, do you know what rents Sect. 8 will support for a typical 3/2 or 3/1? Same question for 1 and 2 BR apartments.

Thank you!