Question About Renting First House

[Daniel Dollar]

Hi everyone. I'm looking for advice about possibly renting my first home. I bought my first home 5 years ago at $162k I owe $132K and I could sell right now and get about about $230k (after realtor/title/any other fees). Or I could rent it out and probably cash flow $200 - $300 immediately and potentially $500 - $600 if I refinance. Living in the DFW area, It will almost certainly appreciate in the next 5 years. The thing is, the house is 35 years old in a class b neighborhood and isn't super efficient and while everything works fine now, there are things like the heater that could go at any minute. Also, it has a pool that would have liability associated with it and need maintenance. There's also a giant 35' palm tree that would need to be trimmed. Deals in the DFW area are REALLY hard to find at the moment so I'm wondering if I should just rent but have less money for deals in if I can even find any, or sell and wait until the market calms down or Any help would be greatly appreciated. Thanks