Section 8 in Maryland- No buyers.. A.M. I missing something?

[Lorenzo Hatten]

Hello BP Family! This is my first time dealing with a Section 8 property so I wanted to ask some expert Landlords for things I might be missing.. I placed a property under contract for reassignment. It’s been a rental property for 15 years. The current tenants have lived there for 6 years and would like to stay for as long as possible. After meeting with the owner it was a no brainer that this would be a great buy and hold opportunity. Consistent And on time Rent. Family of 4 who plans to stay. Little to no maintenance or pesky phone calls from the tenants because they treat the house as if they owned it. Not to mention the rent is much lower then suggested for the area. ($1350 when the suggested rent for the area is $1700) However it’s been 2 days and I haven’t had even a nibble on the property. You’re probably thinking “it’s a little early to start worrying” But with past deals I’ve had when the numbers are right especially with tenants already there my email is blowing up! For landlords in regards to section 8 is there something I’m missing that makes this deal “risky” or “complicated” from a Buy n Hold perspective? Would love to hear thoughts! Thanks Price: $210,000 ARV; 265,000 Current Rent: $1350 2018 Tax assessment $259,133 2017 Tax assessment $241,900 Thanks everyone!