Originally Posted by calmloki
Usually section 8 pays a portion of the rent and the tenant the remainder - if they don't pay they don't stay, but it's more likely (IMO) that an eviction would be required - which is expensive and time consuming, though your state's laws may differ from mine. Some landlords like section 8, we don't care for the increased bureaucracy. I can normally fill a unit quicker with a tenant who pays their own way and signs my contract than waiting for a section 8 inspection, filling out the 1/2" of paperwork, etc.
Jim, section 8 may be ok for you - i betcha that our local agency has 600 "clients" and they cut 20. May be a harbinger of the future of government aid programs though.
I would definitely not take Section 8 tenants now, esp in California. The state is broke, and is a bleeding heart state, which means when the state and the tenant can no longer pay, you'll have a unit occupied by a deadbeat for a long time.
We had two section 8 tenants over 10 years ago. Had to sell the homes at the end of the Sec 8 contract in order to be able to get them out. We also found Sec 8 tenants to treat the property especially poorly (one had rebuilt his motorcycle on the living room floor - oil everywhere, another was too lazy to go to the bathroom itn the middle of the night and preferred whizzing in the corner of the room). We are not likely to ever become landlords again, and if we do, we will never ever work with Sec 8 tenants again.