I've had great, and above market profits with the voucher program.

Looking for feedback on getting into the voucher process with Baltimore City. 

If you are in a market that is not landlord friendly- you can get help by having a HUD tenant, they can be removed quickly without the courts through loosing their HUD vouchers. 

There is a finite number of section 8 vouchers .  

Lots of voucher/section 8 tenants in those areas, which give a false cash-flow security.  

CMHA (only local HUD voucher vendor) can be very difficult to deal with and you need the right professional property manager (I can recommend) but there are good deals on the open market right now if you're considering Section 8.

The one downside is that population loss is a warning sign...if you are a long-term investor you could lose tens of thousands in appreciation...but you still have debt paydown and equity build...and once that 6-unit is paid off and fully occupied the number will be dreamy.I think the more important question is the strength of your team...mainly your property manager.One thing you should consider is working with housing choice voucher tenants...my city is 80,000 units short of demand right now...this trend is growing across the country quickly....a waitlist for tenants paying market rents can be a very good thing in a declining city

I doubt there is going to be a ton of new vouchers come out.. and the current HUD voucher owners will expect perfection in their rental or they will just up and move.. you dont have granite counter tops and stainless  well i am moving to this landlords property that has those items..

As for subsidized housing its not really flipping a switch most markets only have a certain amount of vouchers..

Many of which have 100% Vouchers.