The first quote I received was within my price range, but the insurance specialist I was working with does not pick up the phone or reply’s fast, so I just called another specialist from the same company and the quote I received from the other specialist is way higher than the first one.

Looking to get it in a good school district.So far everything I'm looking at are in the 200k and up range.

Any traditional product or commercial loan is going to want to see income.I own properties in that range and you can get financing.

I would point out here that simple thought ought to suggest that because real estate is variable, maybe the best thing to do in order to determine if the conclusion/dollar amount is "accurate" would be to obtain more data and do a second comparison, or a third, or a fourth, etc.Once an appraiser puts together a few of these, it is likely they might end up with a range of values for the same element, considering real estate is variable right?

We qualified for a loop hole called mission driven housing which lets us get higher LTV since we are in the "affordable" range for rents. 

Assuming you are not looking to flip mobile homes, you will be hard pressed to find a flip property to buy in that range.

Great landlord states, price range (35-60k), population growth, job growth, etc.

Figure out what you want- cash flow, appreciation, Range Rover, etcIf $80k can get you a $400k property, what sort of cash flow, ROI, Cap Rate, do you need to see?

I'm not too far from a pretty well-known hospital but the pricing for the homes is slightly out of my price range. 

In that purchase price range you'd be looking at 8% cap rates and cash flow.