Section 8 -- Incentives (rebates) to be good, clean tenants?
Hi guys,
I am thinking about purchasing a 4-unit, 1 BR/1BA building. Two are Section 8 ready. In order to decrease problems with the property, I am thinking about doing the following things:
1. Only accepting those with 100% vouchers
2. Offering a $50 per month gift if they promise to keep a clean place subject to random monthly inspections. It would be more or less an honor system.
What do you all think? Please, only respond if you have experience with Section 8.
Thanks,
Steven