I have a hoarder house I am cleaning and repairing...

[Denise Jdsmom]

I found a wholesale deal that I bought during 2020 and discovered it has 8 BEDROOMS (2 were missing closets and I've done them)!! Unforetuneatly it was under 3 30 yard dumpsters of hoard, the real work began and I'm missing getting windows and flooring. While working on that, someone said this could work as a Section 8 rental or become a duplex (since it is in a shady side of town), I did not plan on doing either. But after so much work on it, I'm consider this as an option. I am not leaving it showroom, HGTV ready because the area is not worth it. Even though I gutted the kitchen we are going to use corian and shaker cabinets that are wood color. Also the 2 bathrooms have newer stuff, but we need to replace the bathtub for the top floor. 

Anyways, it's 2000sf aprox and has a large yard of 5000 sf. It's in the city of the area. It is less than a 5 minute drive to all the local grocery stores, shops etc. 15 min to HomeDepot and Walmart. 

I was considering various options. 

1. Sell as-is 

2. Rent through Section 8

3. Rent through short term rental program

4. Fix up my travel trailer and rent that while living here and have the 2 year taxfree thing. 

5. Sell with it fixed up and ready for any inspection

I have rented out before, but I'm not in love with it. That said, this would be good passive money. A 2 bedroom 1 bath in this area goes for 850, but of course, everything fixed to the max.