Hi everyone! My father unfortunately passed away pretty recently and he left his belongings, which include a house that's probably close to 180k. It's a 1 story house with a basement and a very long backyard which includes trees, a swamp, a bonfire place, and a small river. His house is a far away for me to live in and has many factors to why I don't want to live there. He smoked cigarettes and Marijuana in the house, the kitchen is outdated/ not modern, the tile probably needs to be redone, and the bathroom ceiling is peeling so probably a roof leak. He also never fixed/replaced things so it might need a new furnace in 1-2 years, the water heater is broken, and the a/c is old. So my dad owed 40k on his house and it's going through probate. I may be getting ahead of myself but if I were to "take over the payments" with a refinancing or do whatever, would it be better to rent it or sell it? I think maybe rent it because I could get extra income each month for my future residence but I'm not sure, thanks!
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source https://www.reddit.com/r/RealEstate/comments/r5o1ot/do_i_sell_the_house_or_rent_it_to_get_more_income/
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