Any property, including single-family homes, manufactured homes, townhomes, and condos, can be rented out to Section 8 tenants as long as the property meets the safety and quality standards and passes the housing inspection with the local housing agency.

Getting a high-quality tenant is going to be the most important part of the Section 8 process. You can be sure to get a high-quality tenant by following these steps: Properly market for Section 8 tenants to ensure you have multiple candidates. Have the tenants pay for background checks so that you can see their criminal history, credit, etc. Ask why they are leaving their previous residence. Get their previous landlord's contact information to ask him about the quality of the tenant and to ensure their stories line up. Have the tenant send you photos/videos of their previous residence (They will most likely treat your home the same as their previous house). Properly following these steps will ensure that you have a high-quality tenant. As a last line of defense, you can always remind the tenants that breaking the lease agreement in any way can result in an immediate removal of their long-awaited Section 8 voucher. This will be sure to make them stick to the lease agreement.

Every year, each Section 8 tenant will be reviewed to ensure that their income still qualifies them for Section 8. For this reason, the Housing Agency only allows you to have one-year lease terms with these tenants that will end at the time of their annual review. In the unlikely chance that they lose their voucher, you would not need to renew the lease with them, and you are free to find another tenant.

The rents on your Section 8 rental are determined based on a variety of factors. The primary factors taken into consideration are the county where the home is located and the number of bedrooms in the home. HudUser.gov will provide you with estimated rental amounts that the Housing Agency will offer for each county based on the bedroom count. Additionally, each tenant will have their own approved rental amount based on their income, family size, etc. You need to ensure that the tenant's maximum affordability meets or exceeds the rental amount you are seeking

Guaranteed rental income from the PHA, reduced vacancy rates, and the opportunity to provide safe and affordable housing to low-income individuals and families in need.