Posted by Steve-nc on July 29, 2003 at 13:24:49:
Section 8 inspections are for “Health, Safty & Welfare” of the individual living in your property. The amount of rent you can receive from the Housing Authority is based on the need of the tenant. Many times what you are paid buy the Housing Authority will not meet your your asking rent, or year to year the Housing Authority pays less and less and the tenant pays more.
I keep my properties in sellable condition to maximize rents. If the voucher the Section 8 tentant receives for rent is lower than asking rent, the tenant pays the difference.
Section 8 tenants do have chioces. And when faced with a worn property or a sparkling property, the good section 8s’, like any other tenant, look for the best value for thier buck.