At today's rates, total payment would be roughly $3,500.

The Pandemic housing market, fueled by historically low interest rates, began in the Spring/Summer of 2020 and arguably ended in late 2022 or Spring of 2023 with rising interest rates. 

we have about 2000 people and one of the best rated Elementary schools in the state.

I do not know every market in the US but typically speaking popular vacation areas which drive up rates also have high real estate values. 

Anyhow, we've filed for an extension and at this rate these people can't get out of their own way so we're probably just going to pay for it to get things moving.

Bought my first house (primary residence) in Denver, May of 2021, 3bd x 1 bath, for $525k with $85k down at an interest rate of 3.25%.

This is generally not tax-favorable as you are taking a large chunk out of the IRA at once and will pay a high rate of tax.  

In addition to price you should condsider the quality of the company (AM Best rates, Insurance dept complaints, reviews,....) and the quality of the agent (do they know this type of business, how many companies do the represent, etc..)

Give me a report of Home sales in [state] for the past monthWhat Zip Code has the highest crime rate in [city, state]?

Your local PHA may also have resources to help match landlords with eligible tenants.The PHA must approve the lease agreement, ensuring it complies with Section 8 rules and rent limits.Pros:Guaranteed Rent Payments (sometimes even 100% based on certain tenant criteria)High demand for Section 8 rentals, which can reduce vacancy periods.Many Section 8 tenants prefer to stay long-term, reducing turnover rates.Cons:Properties must meet and maintain HUD's health and safety standards, which can involve additional maintenance and inspection requirements.The PHA limits how much rent you can charge, which may be lower than the market rate in some areas.Tenants must qualify for Section 8 based on income level and other factors, which may limit the pool of potential renters.Dealing with government agencies can sometimes be time-consuming and bureaucratic.In summary, converting your home into a Section 8 rental can be a good strategy for attracting and maintaining long-term tenants due to the stability and reliability of government-backed rent payments.