Posted by Keivn on May 16, 2007 at 10:01:55:
Thanks guys - I am going to go ahead and start my search for a new Sec.8 tenant.
I absolutely hate to loose my current tenant, as she has been a model tenant so far and took great care of the house.
However, I know she cannot afford to pay an extra $300 per month to continue to stay in the house…right now, she is paying $80/month (based on her contract with sec.8) and she has had trouble making these $80 payments a few times, although I did always get them.
Oh well, let’s hope I can find another dream tenant and possibly extract more rent.