re: anybody here has section 8 rental properties?

I've had some rentals where I did section 8. There are some good and bad. The positive is you don't have to chase the tenant for the rent. They pay a percentage based on their income but the rest comes from the housing authority so you are never left without anything. The negative is that some of the tenants can be terrible. Check the laws in your state and interview your potential tenants. Get references and check them thoroughly. If they don't provide them then don't rent to them. I had some great tenant that was section 8. She treated the house like it was hers and she was a joy to work with for about 3 years. Another big key is to pick houses in quality neighborhoods. The neighborhood attracts the tenant. My rent wasn't 1k either. More like 650-800. The housing authority will come in and tell you what they will pay and you can take it or leave it.