I'm leaving here and I can't decide whether I should rent or sell this place. I'd always planned on renting it, but...
1 - My neighbors hate me. Ever since my girlfriend moved in they call the police on me for everything: grass being too high, dogs supposedly running loose, dogs supposedly barking, grass being too high, etc. While I'm here I'm generally able to document that these things aren't true and usually prevent myself from being fined... but if I'm not here (ie, I'm in alaska, "here" is pennsylvania) and they continue to pick on me it could be more of a problem.
2 - I think this place will need new roofing in a couple years... the water pump is cantankerous and needs coddling... do I want to deal with these things from the other side of the country? OTOH, I could get a rental agency to handle these things for me?
So I thought maybe I should sell, but...
1 - I really would like to have the income from renting it, even if it wasn't much (I own it).
2 - It doesn't seem like a good time to sell... I want to wait for the big city to creep a little closer...
3 - Being the non-verifiable income person that I am, and not really being inclined to get a "real job" anytime soon, I'd like to keep it to be able to use it as collateral for the land that I want to buy in a year or so... but then, if I sold it I could just pay cash for that... but if it was rented I could let the rent make the payments on that...
Thoughts? Advice? Experiences?




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