Turning current home into rental property but will have neg cf

[Tyler Cordell]

Currently have a single family home that I contemplated turning into a rental.

Current loan is 2.625%, 74k owed, with a $521 mortgage payment. House is worth about $95k. House will probably rent for 750/mo. My 15 year mortgage puts this deal in a tough position

My options as I currently see it are

1. -  Rent as is and realize negative cashflow
2. -  Refinance to 30 year loan, (4 ish interest rate) but lower monthly payment
3. -  Sell house and look for other investments
4. -  Pay off mortgage balance to own property free and clear

Advice on how to proceed? What are my best options?