Section 8 pros and cons

[Nicole Harrington]

I am learning about section 8 renters. I know the government pays part of the rent and the renter has to qualify for it. So a guaranteed income from the government part. What about the tenant part? What do I need to know about the cons of going with a section 8 tenant? According to the current lender, the rent was never raised for 4 years. How hard is it to adjust the rent to the current market? Who decides how much to ask for rent? What if the tenant doesn't;t pay their part? is it more difficult to get them out bc of the government involvement? 

[Matt M.]

The cons I’ve found are tenants that absolutely feel entitled and don’t take care of the property whatsoever. We no longer participate in the program, the cons greatly outweighed the pros for us.