Deciding whether to sell or rent
I am caught between the decision to sell or rent my home. It’s 2 years old, and I’m having to relocate for a job to another state. If I list it for sale, it might break even and I can sell it and walk away, but I may end up having to bring money to the table. On the other hand, I can rent it, make $300-400 extra month off of it, and try and sell it in a year or two. I eventually want to sell the property, once the equity builds. I’m in the central Texas area and I’ve found a good property management company, but I am very hesitant to rent it, with all the horror stories of bad tenants. I don’t plan land on returning to the area I might add. It feels like more of a hassle to sell it, since i may not walk away clear(with the house being so new). Should I give renting a try?