Job Transfer – what to do with the house?

I am in the US and may transfer about 8 hours away for a great opportunity at the company I work at. Potentially a $40-$50,000 a year raise. The house we are in is worth around $240,000, we bought it for $215,000 two years ago, owe $198,000.

We think we can rent it for between $2200-$2500 a month, it’s 1600 square feet, 3 bed, 2 bath, 2 living rooms, 1/3 of an acre, 1 car garage and a 500sf shop. The house is in good shape and has all new plumbing up top (drain lines haven’t been replaced). Water heater is fine and was replaced in 2020 although we may replace it if we rent it just to be safe. It’s almost a perfect rental home.

Where we are moving is much cheaper and we are looking at houses in the $300-$400,000 range which would make our mortgage just a bit more than it is now ($1800 we have a somewhat high interest rate at 7.325%).

If we sell we expect to net around $20,000 from the sale after closing but that’s assuming no concessions which a lot of buyers are asking for but that varies. But I feel like it may be way less than that too idk.

We think with the new house we could get a really nice home 2-2.5x the size that we love and negotiate concessions potentially offsetting some of the cost of selling if we don’t get what we want

Curious what you all think.