Lansing Michigan keep or sell?
I’m thinking about selling my current property. We bought it for 105 my appraiser is saying comps go between 90 on the low end and 140 (if we put work into it) but he still need to physically go there and get me more accurate numbers.
Our first tents were a nightmare, but current ones (2 years living there) are good however her lease is up in 2 months and wants to get out. It’s in an okay neighborhood near downtown and one of the only 5 bedroom homes.
Our current cash flow is $500 which is great but not worth anything if we have no rent lol.
Should we roll the dice and hopefully get good tenets again or sell the property and invest elsewhere/ cut our losses?