Section 8 or not?
One of my best tenants is going through a divorce and has asked if I would accept housing assistance. She is on the waiting list. I was honest with her and told her that I haven't dealt with this before and that I would check into it.
The property she occupies is a 900 sq ft 2 bed 1 bath with a family room and a non- conforming "office" in the basement with a single attached garage and a large shed in a fenced backyard. Rent on that property is $800/month and positive cash flow of $ 340/month.
I don't want to go any lower on the rent.
I would like to here from other investors here in Lincoln about their experienced dealing with Lincoln Housing Authority good or bad?