I am getting back what is left of my home to rehab the end of March and it is going to run me approx. 40K to fix.

This person said she's had surgery recently and has been out of work since March, and will return in August.

I will definitely not renew the lease, the lease renewal is in March.

So, I inherited my father's assets when he passed in March 2023.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

It's now mid-March and still have not heard anything. 

Be sure you understand the differences in the tenant pool between Class B and Class C properties.

That's about 1.5-2% away so likely at least another year, if not longer, unless the Sep expected cut was too late and they rectify it by March being more aggressive. 

I'm currently 23 and have access to around 40k liquid to buy a home when my lease is up in March of 2025.

Closing on a place at the end of Jan and it has snow birds there already through March.