Going below 1% Rule.

[Chris Hicks]

In a potential situation for primary to become rental. Only thing is HOA eats into rental profits causing me to go below the 1% rule, more like .08%. The property has appreciated almost 100k within the year, but I would like to keep it long term. Don't know if I should take profits and get something better or rent it out. HOA has a good amount in reserves, hasn't had any special assessment fees and covers everything except gas and electric which is pretty attractive for future tenants.

Any advice is greatly appreciated.