Updated about 19 years ago on . Most recent reply
for those with section 8 experience (quick question)
I'm in Texas and considering purchasing a fourplex in a lower income community of mostly fourplexes. One of the units is rented at approximatley 600 per month, but according to the section 8 website the section 8 FMR is over 800 per month. If I could get section 8 tenants in the rest of the units i would cash flow pretty well... in fact I'd be very happy with it.
My question is: How long does it take and how difficult is it to get section 8 tenants into the place? Since there is only one unit rented, I would be at a loss until I got more tenants.
Much appreciated!