Should I Sell or Hold?

[Michael Lewis]

I currently have 6 SFR's in my portfolio. One of them is a dud. I've made a 4% return the past 2 years due to constant maintenance. Tenants just moved out and it will cost 14k to make rent ready. I do believe that after making rent ready I'd be able to bring rent to current market value however this property being in Cleveland seems to have the same runny toilet issue no matter how many times we send maintenance. I've been offered a cash purchase which will allow me to recoup my original down and maintenance costs. No real profit. I generally only buy to hold but my gut says to move on from this property.

Question is:

Make rent ready, increase rent, hope for less maintenance and hold or exit with no loss and move on?

[Dave Poeppelmeier]

This might be a stupid question... but did you replace the toilet?