Sell multifamily home or Rent?

[Peter Morgan]

Hello,

I think I am in a unique situation. Few years ago I took a leap of faith and got into multifamily investment and I think I ended up investing lot more than I should have not fully knowing what I was getting into. Midway I realized it’s not my forte and I don’t have the right mindset managing tenants and property besides hiring a property manager did not make any financial sense. I gradually learned my ropes last couple of years but then now I need to relocate to another state due to my job.

While I did learn my ropes, I still don’t quite enjoy managing tenants and property and think managing the property from remotely will be a gargantuan task.

I am still feeling a little confused whether to sell or continue renting and manage from remotely. I will appreciate your inputs.

Thanks