Wait or Rent Property for Cheap?

[Tiana Lazard]

I bought a house in 2022. It's 10 mins away from LSU so I've been house hacking to college students. But now I'm thinking of renting the whole house and getting a cheap apartment to save even more money. Should I?

I found a couple that wants to rent the 2b2b home for $1,500 plus $50 a month for two dogs. But that will only give me $150 cash flow towards my new rental. I would rather wait and find someone to rent for $1,700 instead. Would it be wrong to wait? What would I tell them? That the rent increased? Like how do I do that?

At $1,700 a month, I would profit $300 which would go towards my new rent which is $475 a month.