Seeking Proactive Sec 8 Prop Manager in Memphis

[Pouyan G.]

I've recently ventured into the Memphis market, purchasing two SFR properties in the 38127 and 38114 zip codes, with a strategy to rent to Section 8 tenants for their benefits of lower turnover and competitive rents. Despite being remote, I successfully managed full rehab on one property and made significant improvements to the second.

However, I've encountered a challenge with my current property management – while they are genuinely nice people, there seems to be a gap in responsiveness and engagement, particularly in leasing these properties to potential Section 8 tenants I've personally sourced.

Three months into this partnership, and with several interested tenants at hand, I'm considering a change to ensure these homes are leased efficiently. I’m looking for a property manager with a strong track record with Section 8 rentals, who is communicative, reliable, and proactive.

Does anyone have recommendations for property managers in Memphis familiar with Section 8, who could help bridge this gap?

[Michael Smythe]

@Pouyan G. are you sure the PMC doesn't know more about S8 and is trying to help you avoid a mistake?

You mentioned S8 benefits of more stable tenants and competitive rents. Where did you get this info from? While it is basically true, it is NOT as big a difference as you apparently think.

What about S8 negatives? What do you know about those?