Sell or Rent? Townhouse in Hawaii

[Han Yu]

Good morning, I have a 2 Bed 2 Bath townhouse that I purchased last December. I am in the military, and was expecting to keep the house for another 2 years before I have to decide whether to rent or sell.

Recently I have came down on orders to move to Texas (begenning April 2019) and I have to make a decision whether to sell or rent. This property was my first purchase, and I regret not researching and studying about real estate before purchasing. As I read and study real estate investing, the numbers on my townhouse just looks worse and worse. I need some help and insight on how I should deal with this property, so below is the numbers:

Purchase price 392k, No down payment (VA)

Mortgage + HOA: 1950 + 500

Comparable rentals in the area runs 1800-2200, and there are now 6 units in the same townhouse complex on sale (4 in escrow) running 405k - 465k.

I am looking to pay at least 500 out of pocket if I am able to find a renter at 2k. If I sell, I might be lucky to walk out with no loss. Please share your thoughts on my situation, what you would do if you were me..

Thanks for your time and knowledge