Okay, another question from the small time landlord trying to become a big time land baron.
A colleague of mine recently suggested that building low income housing and participating in the "Section 8" program might be a great way to make money. I replied that I refuse to be a slumlord and he said that the high rents paid by the gov make it possible to maintain a nice property and provide excellent service to tenants and
still make a handsome (and recession proof) profit.
I am severely skeptical. Can anyone here change my mind on this?