Should I Sell or Keep As Rental?

[Uchenna A.]

I recently moved from a 4BR 3.5BA townhouse in Bowie MD. I bought this house in 2013 for 280K and PITI + HOA is ~1700. I owe ~200K on it and initially listed it for sale for 370K. I have had two contracts fall thru for job loss & financing issues. The max rent I can get on this property is around $2500. My initial reason for deciding to sell is because I have a property I bought in a short sale last year close by for 183K renting for $2600. It's hard to stomach a house worth twice as much renting for less.

So my question is - should I rent or sell this property?