Flip or rent? Property in South Park Seattle

[Elina Khovzun]

We are debating what to do with this property: it’s our first investment property. It was rented when we bought it and the tenant was supposed to lease for 3 years. And then Covid happened. Tenant stoped paying, we had to get a lawyer. Definitely too much for the first land-lording experience. Tenant moved out and we just took over the property about a week ago. It needs some work done. And we are debating if we should remodel and sell it or continue trying to rent it. It’s a big house that can accommodate multiple renters. However, even before renting I think we would still need to renovate as everything is outdated. I am including Redfin listing. Would love to hear others opinions. Thank you in advance. 
https://www.redfin.com/WA/Seat...