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rent or sell house
Bought a fixer upper 5 years ago for 68K At the time we could only afford a 30 yr loan @6.75%
Well the house has been gutted and remodeled extensively we were putting wife's mom in the house for the last 4 1/2 years (it kept her out of my house). Now we have a house that we are not sure what to do with. We owe 50K and can either rent it and be driven crazy by nincompoop renters, or sell it for about 120K.
I think it is the thought of renters and the huge PITA they bring makes me think to sell it despite the market.
What's the smart move?
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