getting started in real estate with an existing property

[Gary Grimes]

Hello All!! 

I've decided recently to change/transform my life by getting into real estate investing. I am recently divorced and I am currently in commercial HVAC with solid commercial and residential construction experience. I was awarded the home because my ex could not refinance the home and I also did not have to pay half of equity. A little bit about the house- 4 bedroom, 3 bathroom, 2000 sq. ft, attached 1 car garage, big back yard with a park directly behind it. Current needs mostly cosmetics i.e. Paint, carpet/flooring, some landscaping and misc. other things. I bought it at 95k. Owned for approximately 2 years and currently owe 90k. 780 mortgage /mo. I'm a newbie at assessing the value but I'm guessing 110k after the above mentioned repairs are made and comparing.

My question is... What is my best route to take? sale, rent. Keep in mind that I am wanting to get into real estate investing beyond a doubt and I see this property as I'm already over the first hurdle of acquiring a property. Thanks in advance!!