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Reply to "Inherited parent's home. Rent or sell."
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[quote=Anonymous]As a landlord for a low maintenance place in a high rent area - SELL! Dealing with tenants is a hassle, and I've had pretty good luck with tenants. I can't imaging having to deal with it for someplace you're not local to and a house that will need a lot of maintenance, and in an area were you are likely to have tenants with potential cash flow problems. Big nope on becoming a landlord. Sell and invest any proceeds. Also, you might want to research what you will really need to do to sell. It may not be as much as you think unless the place is completely falling apart. [/quote]
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