Seattle property - sell or rent

[Alex Liu]

Hello, 

My name is Alex. I'm new to the forum. I'm looking for some advise on my rental property at Seattle. I can't decide whether to keep it as rental or sell it. 

It's single family built on 1960s. The property is out of date and will need some fixing soon. I thought about remodel and sell last year and the quote is about $40k to $50k. If I sell it now, I will be looking at about $150,000 cash in the pocket. Maybe I can find another property. Look forward to any advises.