Should I sell or Hold?

[Matt M.]

Hey guys,

I have a property that just went vacant. In the process of cleanup/fix up. Undecided as to what to do, rent again or put on the market.

It is a half double, duplex, twin. Lots of names for these depending on your area. I own the one side.

3bed/1.5bath 1450 sqft.

Purchased Dec 2015 $23,100 rehab costs $14k, no loans.

Had been rented 2.5 of last 3 years.

House rent $1050, garage rented at $125 separately. The house owes me approximately $17k.

Market value is $90-105k. The garage is huge, structurally sound but won't pass FHA as the outside is fair (needs siding)

It is in a B-C area. You either get a good tenant or you don’t..

should I keep it and continue it being a cash cow or try and sell.

[Corby Goade]

Sounds like this is a solid cash cow- what would be the benefit in selling? Also, I don't believe in "you either get a good tenant or you don't." If you have a solid and consistent screening procedure, it will serve you well 99% of the time.