Sell or rent! Need help

[Nole Schoenwandt]

Hello everyone. I am contemplating a real estate decision. I bought a home in apr 2011 as my first home. I am trying to find out pros and cons of selling and renting it. I bought for 144000 and owe about 128000. It's now comparable to around 250-260! At the height it sold in 2006 for 357 so I know it can't get too much better. Rent is about 1400 estimated and mortgage is 1100any help and suggestions would help a lot. Thank you