Transfer of ownership with existing Section 8 tenants
I'm looking at investing in a multifamily property as a first rental investment. It is currently rented to Section 8 occupants . This time of year, purchasing a vacant SFH with the hopes of renting during the holiday season scares me as I need the cash flow and don't want to cover the mortgage for months that are typically low move months. So, I'm finding currently rented multifamily homes appealing in this regard.
I know there are pros and cons of renting to Section 8s but I'm specifically wondering about what needs to be done by a new property owner with existing section 8 tenants. If the property has already been inspected and deemed acceptable by the Housing Authority is that good no matter who the property owner is... or would I as a new property owner have to redo some paperwork at title transfer?
Hope it is clear what I'm asking. Thanks in advance. Love this group.