Flip or Rent ADVICE NEEDED

[Matthew Diaz]

Okay guys and ladies. I'm investing into my first property in San Antonio TX. I need advice!! Okay here is the scenario: I invested about 33k into my girlfriends parents house. Out of my 401k which I pay 5% interest on. They want 60k because they've let the house go They are still paying 90k in taxes tho. House built in 1960 I'm doing a brand new roof, adding a second bathroom,all new plumbing, electrical, and installed New AC. Should I flip or rent? Should I get the property out of the parents name? Any advice welcome... thank you