Need input for a condominium investment

[Ethan Orford]

We have a singular condo property in a pretty good location. We purchased the property for 33,000 in 2018. The property is a 1 bed 1 bath 700 sq ft home with a kitchen and living area. Currently we rent it out for $650 and pay $445 in monthly expenses. Most of these expenses are overhead fees such as HOA fees as well as a required assessment. The property is fully paid off with no mortgage. The property is in decent condition but has not been renovated. We are currently looking into future options regarding this property. With the given information what would you do? Would you: continue to rent it out as is, renovate and rent, sell as is, renovate and sell.