Are points worthwhile paying, depends on your plans.

@Jorge F RodriguezI would make sure you live in it for at least 2 years to avoid capital gains taxes, then sell the property. 

One of them was that Section 8 would not pay market rates.

This may benefit you to stay at least 2 years to benefit from the 2 of 5 tax benefit.As others have mentioned, in competitive markets many sellers are not interested in FHA offers, because of the stricter requirements.

Hello in 2021 my partner and I bought an apartment in FL.The main purpose of the apartment was to invest our money to have it saved for our son to go to college.We have been renting this apartment to a family member who has been paying less than what we pay for mortgage and HOA,so we have been taking money out of pocket to cover expenses and so on.I decided that even thou the purpose of buying it was for college,I’ve had enough taking money out of my pocket to pay the HOA and expenses.My question is if I should sell this apartment or if it would be worthy in the long run to keep it and meanwhile just keep paying the HOA and expenses.Renting it to another person is not an option.

Nobody pays me to stay home and meet the cable guy or the appliance technician.

For example, there is a 2% or so transfer tax to be paid to the municipal and state governments.

You agree to pay an additional $200.00 lease violation fee each time we determine, at our sole discretion, that smoking has occurred in your rental unit, due as Additional Rent.

Is $250 psf around what you would expect to pay?

This can help pay for the mortgage.