Apartment Building Plan

[Shawn Dandridge]

Hey all,

First let me say I love the wealth of information on this site and others I have found through reading the hundreds of posts. Finally decided to actually sign up for an account today. But here is the reason why I posted:

I am looking at several different options on my first real estate deal. One of the things that has come into mind is buying an old run down apartment building for pennies on the dollar, rehab, and get Section 8 tenants to fill it. In terms of profit and such would this idea work and is dealing with Section 8 a hassle from those who have had past experiences? Any info will help. Thanks in advance!