Property management & Section 8 Questions

[William Donaldson]

I am taking over some of my dad's investment properties to manage. In order to be able to meet with the Housing Authority and get set up with the Section 8 program, I need to bring a property management agreement with me. My dad and I are not concerned with a detailed contract protecting both parties from each other, as we only need this agreement for the meeting (he is a doctor and can't meet during their business hours). What will suffice in this situation? Is there a template that we can use?

What is the normal security and/or pet deposit to charge section 8 tenants and does the local housing authority pay it or does the tenant? What experience can you share from these two deposits with section 8 tenants? Also, how do you screen section 8 tenants differently?

Thanks!

[Will Browm]

Section 8 varies by housing authority. I have never heard of one that pays the deposits. The tenant pays the deposit. There are agencies that can assist or pay it for them as a charity.