Inheritance

[Michael Landrum]

I just inherited a 2 bedroom 1 bathroom house that is free and clear and am struggling with what makes the most financial sense. I see 3 options

1) Owner occupy (would have no mortgage)

2) Use it as a rental (could receive maximum cash flow)

3) Cash out refinance (could expand portfolio)

I'm aware that there are many details that probably factor in here,  but I'll just wait for people to ask questions if necessary,  and also welcome any general advice.  Thanks in advance!