Sell versus Rent

[Greta Climer]

First time investor...I bought a foreclosed house in Sequim, WA at auction with the intention of flipping. No surprise the reno cost way more than expected (starting with $35k trash haul out!!). I can sell and barely break even or perhaps lose a little on the deal and be grateful for the experience or rent with the hope of long-term appreciation but it doesn't come close to cash flowing. It seems certain I lose money either way unless I hold for years. I do trust the appreciation will come. I could cash flow by house hacking or renting by the room, but don't live locally (I'm 2.5 hours away) and no property manager has been willing to go that route. I've never been a landlord and part of me would like to feel this endeavor is complete (sell); part of me thinks owning this home long-term would be really satisfying and I should keep it. 

What would you do?