What is Section 8?
Section 8 is a program for low-income tenants, where the government subsidizes a portion of the rent. You can rent your houses to approved tenants, and the Section 8 program will pick up part or all of the rent every month.
Many landlords enjoy the strategy because it’s guaranteed income. The government pays their portion of the rent on time every month, so you only have to concern yourself with the portion that comes directly from the tenant.
Other landlords hate Section 8 because of the approval process, periodic inspections, and the occasional problem tenant.