One consideration about Sec. 8, is that you will have tenants (I call them residents), who are home most of the time and thus create more wear-and-tear.
I've worked with dozens of management companies and public housing agencies, San Francisco and Oakland Housing Authorities, etc.
I've stepped around a murder site at Acorn Housing, Oakland, after a security guard was shot one hour earlier.
I had many Sect. 8 landlord clients. The stories I heard were amazing. Made the movie "Pacific Heights" seem tame. I was interviewed extensively for a HUD publication entitled "Public Housing: Creating Drug Free Neighborhoods".
I believe in any environment, it takes one demented person to ruin a day. In those environs, the percentages increase logarithmically.
The Sect. 8 that worked best, were small landlords with units in good neighborhoods who did thorough background checks.
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Gary
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