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Updated almost 5 years ago,
Inherited a bungalow home in Auburn Gresham district, what to do?
Due to passing of family member, I own a Bungalow in the Auburn Gresham District of Chicago. The house needs a lot of work. It still has a steam boiler, heating radiators, no upgrades to kitchen and bathrooms. Hard woods in decent shape, basement needs renovation, etc. The house is paid for, trying to decide on selling as is, rehab and rent, or rehab and sell to get the most out of it. Any recommendations on how to analyze the potential and guidance on best path forward. I live out out of state.
Thanks in advance......