I know there are plenty of people on this forum that rent to Section 8 tenants. 

But few realize that tenant relations can make or break your returns.

Well, this article says otherwise. 

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

Quote from @Shameer Lorde: @Berenger Greer thank you so much for this I think my biggest hesitation is being new I do know a good amount but I don't want to make a crazy mistake you know?

Any beginner-friendly tips for managing properties effectively?

After seeing @John Underwood mentioning missing fan remotes in another post, I thought I would give a tip on how to never have missing remotes again.

Quote from @Moses Peterso: I have this property fully renovated in Fort Lauderdale, perfect area for an Airbnb, duplex 2/2/1 just don't have time to deal with it, any tips to sell it fast? 

DM us if you’d like to discuss this logical approach in greater detail!

DM us if you’d like to discuss this logical approach in greater detail!