Section 8

[Reggie Maggard]

What are the pros and cons of renting to section 8 renters?

[John Davis]

Section 8 can be a great deal if you stay on top of it. 

Pros - guaranteed direct deposit rent. You know exactly what day your rent check will come in and have no worries of bounced checks. Tenants have to follow (somewhat) strict guidelines if they want the government to keep paying for their rent.  

Cons - The government regulates every aspect of your house. If the house isn't set up ideally for section 8 already, it can be expensive. Also, even though they can lose benefits, a lot of these people are where they are because of poor life choices so you can't trust them taking good care of your property. 

Take a look at "The Section 8 Bible". It's a great book and will definitely help you gauge whether or not it is for you. And if it is, the author has great pointers to help you save money in the process. 

Good luck