A simple Rent or Sell question

[Lynn Burson]

Parents retiring in approx 18 months & own a house they use minimal. Some simple numbers:

Sell as is at $350 to 375k with maybe 25k of updating/min repair. It is a 4/3 & 20 years old

White collar, golf course area. Price range for area 350k to maybe 900k on golf course.

A similar house rented for $2500/month this summer. They do not need the money & are interested in renting or owner finance vs a traditional sell. The area is not a typical rental but a community of 175K & growing. Thoughts?

[Lynn Burson]

Thanks Rob. The CS market has really done well as of late.

Its in Pebble Creek and I think even owner finance wouldnt be worth it. Just sell it & be done with it.