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General Landlording & Rental Properties

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Aaron Davis
  • Investor
  • Mounds, OK
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Section 8 tenants in an 8 unit I am buying

Aaron Davis
  • Investor
  • Mounds, OK
Posted May 5 2015, 09:54

I am buying an eight unit complex. It only has three units rented, drastically under market I might add. Two of the tenants are section eight. All of the tenants have been there for 16+ years. All of the tenants take very good care of the place. 

My question is whether I have to allow new tenants to be section eight. I'm bound to these two contracts already in place, but don't necessarily want to have to do more unless I decide to down the road.

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