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My bad. My point in the "good tenants" comment was that they will pay rent. As with anything else, due diligence is required to ensure the best chance of the tenant taking care of the property.This is the funniest thing I ever read cause its so untrue. You have no clue what your talking about. Dont ever again suggest that section 8 tenants are "guaranteed good tenants".How do you guys avoid bad tenants?
How do you deal with bad tenants if you get them?
Section 8. Guaranteed good tenants since their payment is so low and the government subsidizes it. Once you're in the program, people will kill to stay in it.
But what @Pdino
said. Do due diligence. Run a credit report, ask for references from past landlords and trust your gut. If it's tough getting a straight answer then move on to the next one.
Unless "guaranteed good tenants" means tenants that in normal circumsatances could not afford to pay market rate, tenants that trash your property and require your physical presence at all hours of the night.
Only slum lords are happy with section 8. My pops is a real estate investor and i have to inspect properties before purchase. Most of the properties he buys were previously section 8. No one wants them once the owner sells because they are horrendous. So my pops gets them dirt cheap.