[teenerted1]

Originally Posted by jyl

It would rent at a loss (negative cash flow), BIL is not interested in managing a rental, and it is not a vibrant/recovering RE market (podunk Eastern WA). We (both couples) would like to be rid of the condo as soon as possible with as much of our down pymt back as possible. It was bought as part of taking care of MIL - so that she wouldn't get kicked out of what she'd come to consider her home - don't want to it to become a crap "investment". I'll "invest" whatever I get back into my own house . . . Which needs to be painted.

why would you rent it at a loss? since you are no longer helping out a family member why not rent at your costs or a profit? get a management company to take care of the services maybe the building management has someone you can use.