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Updated almost 7 years ago,

User Stats

7
Posts
5
Votes
Holly Nielsen
  • Cleveland, OH
5
Votes |
7
Posts

To sell or not to sell?

Holly Nielsen
  • Cleveland, OH
Posted

Hello! This is my first post here and I am excited to hear everyone's advice.

My husband is graduating from medical school in Ohio. We thought we would be staying here for residency as well, but it turns out we have to move to Florida. We own a townhouse in Cleveland with a rental suite. We can cash flow about $350 from the property if we keep it and rent it out (including property management). 

My husband thinks we should sell it, but I think the numbers justify keeping it. In order to sell, it would cost us 2/3 of the equity we have built. What would you do?

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