Hi, 

I am a new member looking for advice on a house in the Historic West End Atlanta.  I have a house on Rose Circle, just across the road from Rose Circle Park.  Sadly, the old tenant has left a squatter and now we are in the process of evicting them.  

My plan was to keep renting the house, however, the property manager has given us an estimate upwards of 30k in repairs for it to be in rentable condition again. 

With this in mind, I am wondering if I should fix it and sell it, rather than rent it again. I might have to spend more than originally estimated, hence I am looking for advice.

I am being told that Rose Circle (across the road from Lee + White) is not that great at the moment.  So I am i wondering if anyone is familiar with the area and in particular with this street.  I am being told that in five years, it will become a lot more attractive.  Will it be smarter to just do the bare minimum work to keep renting it for a few more years?

The house is a 3 bedroom 1 bathroom house at the moment.

Any thoughts would be very appreciated. 

Thanks!

Monica