Should I Sell Or Rent out my primary residence?

[Gary Sanchez]

I currently reside in Philadelphia, We bought our first home in 2015 for 155k. We are not planning on moving to Indiana. My question is should we sell or rent it out? We owe about 132K left on it at 4.0% We upgraded the kitchen converted the attic into a room. Remodeled the basement added 1/2 bathroom. Remodeled the upstairs bathroom. Added Laminate Flooring Throughout the House. Extended the deck in the back yard as well. House is about 1200 sq ft.

Should we sell this or rent it out?