Should I rent or sell?

[Marcus Kennedy]

Hey Biggerpocket experts....I was hoping you all could give me a little advice as to what you would do in my situation. I'll try and fill you in as much as I can and then you can either answer or ask more questions to understand better.

So I bought a townhouse for $68,000 that is 2bd and 2/1ba. I originally bought the townhouse as an investment knowing I would only live there for a year and then get married this August and move in with my fiancé and rent this one out for around $800-$850. My payment is about $520 and I would have to account for vacancy and repairs so it would cashflow a little. This would have been my first buy and hold investment.

It's in decent part of town more around the B/C neighborhood. Looking at whats selling around me I think I could theoretically sell it for around $90,000 if I listed it now or slightly below that. Seeing that I could get that much for it, does it make sense for me to rent it out now, lease option it, or sell it out right? The influx of cash would be nice.

What would you guys do?

Thanks for your input!

[Andrew Syrios]

I'm assuming there's also an HOA, so it doesn't look like there's much room for cash flow. I would probably sell if you can actually get close to $90,000.