Reply to Leaving area with no plans to return -- sell or rent house?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sell.

Your neighbors, ok all neighbors, would prefer to have on site homeowners to keep up the outside of the house (yardwork, flowers, paint, fences) and it's hard to create community in a SFH neighborhood with tenants moving in and out.[/quote]

[b]Why should the neighbors have a say?[/b]  If it's one block from the Metro, how stable is the long term viability of the neighborhood anyway?

OP, if you have other rental properties, I'm guessing you have the expertise, either on your own or hired, to know what makes the most sense.  Are any of your other rental properties better poised for selling?[/quote]

Did you live in a SFH or are you a renter?

If the prior, I am going out a limb to say that you would prefer to have other stable homeowners living next store, keeping their house nice looking and the neighborhood value up, and not have a turnover of folks moving in and out and in and out.

If pp, you are a renter, of course you don't care about this (and don't have the money invested in a home such that you don't want a junker next door after years of rental turnover and neglect).[/quote]

I am currently a homeowner, but we lived in a rental in a residential neighborhood before this.  We did our part to keep things nice and were on friendly terms with the neighbors. No one seemed bothered by the fact we were renters.  For what a house that close to the metro will rent for, I don't think you have to worry about junker cars, just your own ability to be sociable.[/quote]

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