Section 8 as a hedge against recession

[Jacob Pereira]

Hello BP,

I started investing during this latest market boom, so I have no experience with landlording during a recession, and I would like to hear opinions about an idea I had. How do people here feel about using section 8 as a hedge against market downturns? I figure 1-2 section 8 tenants per building could provide enough guaranteed income that I should be able to weather most storms. The government pays the majority of the rent, so job loss is less of an issue, and rental rates won't go down as quickly. Thoughts?

[Dennis M.]

I like section 8 . The inspections are very basic and the rent is guaranteed . The tenants aren’t any worse than other low income person in a c or d area