Recently inherited property - Rent or Sell?

[Vega F.]

Hi all - 

I recently inherited a property as a loved one passed away.

I have the option to rent for $800-900 per month, or sale for a lump sum of $60-80k, before taxes.

What factors should I consider going into this?

Thank you

[Richard Sherman]

@Vega F. What @DeWayne Mann means is rent it out and then go and get a mortgage on it to take the money out and buy another property with it and keep going.  

Is the property near you?  Do you like it?  If you had $80k in the bank today and did not have the property would you go and buy it?  If you would not, then sell it and buy something that makes more sense to you.  The rent return looks decent.