Should I rent my townhouse?

[Manuel Llanas]

So, I have a 2 bed 1.5 bath house in a 5 unit townhouse (906 sq ft), 2 carports, with HOA. I got the place at $175k and I'm currently at $158k and my apr is at 3.25% with a mortgage of $976 per month. Insurance is no more than $45 per month. HOA is $98 per month. The place needs a little bit of renovation (kitchen, floor in all rooms, bathrooms). I'm not sure what the renovation cost would be to set this up for a rental. I do live close by to a school, hospital, grocery store, gas station. Pretty much in a very good location. However, there is a downside to my place. The entire building will make this unusual humming sound from between the walls.