Suggestions on what to do with a low value lake property
I inherited a lake property that isn't worth very much and it's in really rough shape. It's not your prototypical vacation property, it's more of a retirement community that just so happens to sit on a lakefront. Some of the surrounding properties (mobile homes) have been cleared and replaced with small cabins, which I'm sure they're attempting to lease recreationally, to no avail. I haven't had any offers yet. Hold or sell? Any and all feedback is welcome. Thanks in advance for your time and replies.