To rent or sell in Virginia

[Dustin Smith]

Newbie looking for advice. Bought a cheap home 2bd 1ba in Petersburg, VA for 25k a couple years ago. Had a problem tenant throughout covid and just now got him out. Debating on whether or not to sell the home or put money in to repair and re-rent. In order to rent out now I'm looking at about 5k in repairs. Mortgage is less than 300 and should rent for 8-850 if i move forward with the repairs. On the other hand, real estate agent thinks I could sell in current condition for 50k. So attempt to sell and roll any profit into a new property through a 1031 or fix up and re-rent?