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To Sell or Not?

We own a home near downtown Denver. It’s close to the zoo, there is new retail development within a few blocks, and a new greenway. We don’t want to live here anymore, for reasons that it just doesn’t work for our family.

However, we are torn on whether to sell or rent it out. It needs some work (new roof, for example), and we’ve never been landlords before. I tend to think we should sell, and if we want to buy back into the neighborhood in a few years we can. However, we have a LOT of equity, based off of when we bought it, and we start questioning it keeping it is the better investment.

We’ve gotten approval for either route with our lender, but we’re not finding houses for either scenario that are a slam dunk. Which would you do? We go back and forth.

submitted by /u/The_Natural_Lens
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source https://www.reddit.com/r/RealEstate/comments/ovagrz/to_sell_or_not/
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