Sell vs Hold & Rent. Advice?

[Danny Mestas]

Just joined the forums and wanted to get some opinions regarding my predicament. I'll try to keep it short.

Bought a new house right before pandemic, never sold the old house. Wanted to rehab and rent. Rehabbed about 60% - Plumbing , complete bathroom renovation, new kitchen floors, etc. 

It has been vacant since the pandemic, I've been covering the costs because I felt uneasy about our eviction moratorium. Didn't want to risk the additional headache. Also, I work a couple jobs, so timing/distance keeps me busy

My question now is, should I continue to try to finish & rent this place out, or should I sell it for it's record value and buy something else?

Here are the numbers:

Location: San Fernando Valley (Los Angeles)

2bd/1ba - 850sq ft

Remaining balance: 314,000

Zillow estimate: 676,400

Redfin estimate: 713,749

Rent Zestimate (Zillow): 2771 (I feel this is a tad high for such a small house)

Cons of the house:

Old roof mounted package unit, that eventually will need replacing (made in 1999)

Still need to repair 4 sides of fencing repaired/replaced

Driveway needs a slurry job

1 hour drive from my current house with no traffic

Lawn needs a redesign (more drought tolerant stuff) - It gets very hot in the valley

Pros:

Mortgage is only 1760 all in

Potential ~900 net/mo

I already have it...

If I did sell it, I would like to buy something closer to where I live, but I also don't want to get dinged with any unnecessary taxes either. 

Thoughts or opinions appreciated