How to best sell a rental property?

[Jane Z.]

Hi,

We live in Atlanta. But we have a SFR rental property in St. Petersburg, FL that we would like to sell. The property is currently occupied by a great tenant. We bought this property more than 10 years ago when my husband worked there. We fully own this property with no mortgage. The reason we want to sell is that we would like to use the money to pay off our home mortgage. We have more than 10 rental properties in Atlanta, so we are familiar with the buying and selling process. However, since we don't live in St. Petersburg, I don't know how investors usually handle this scenario.

The property is currently managed by a PM company locally. I am wondering whether I should sell the property with the tenant in place or only sell it after the lease ends and the tenant moves out. Since we don't live locally, it will be inconvenient for us to do any repair if the tenant moves out. 

Thanks.

Jane