PM related question

[Judy P.]

We've got a nice single family home in Idaho Falls that we've been renting out over the past 9 years. (It was originally intended to be our home) So far it's worked out ok, with only a couple of "hiccups" over the years, but we'd like to get out of the landlord business eventually, and sooner than later.

My questions are: 1) if we were to put it up for sale, would it be better to take advantage of the timing between tenants when it is empty? 2) Would it be reasonable and/or prudent to ask our current PM to stay on and offer to pay him the same rate he's been getting from the rent? and, 3) If we did that, should we draw up another agreement in keeping with any new, tenantless agreement?

We're currently dealing with a non payment situation, which doesn't help, so we're already losing money and there are repairs that will have to be made before putting it on the market. We're not in a position to drive (21 hrs) up there and supervise anything which is why having a PM is pretty critical. Sure would appreciate some thoughts on this.
Thanks,
Judy