Its a good looking place. Have you considered renting it until you can secure a buyer? It would then be a turn key investment for a buyer. Or at least provide you the rental income to cover the costs of holding it. Have you listed it with AHRN? Lease with option to buy maybe? As a newbie, I almost purchased in 3/1 in the same area for 74k that didn't look as good as that one. Same issues with the laundry in the kitchen but I saw rental potential. Still, with the home assessed at 61k, the minimal but still work/expense I would put into it, the seller not interested in reducing the cost or covering closing costs, or cutting down a dead tree or relocating the washer/dryer I passed. The listing agent advertised it as a move in ready property but there were still tenants in the home and carpeting in the bedrooms to replace in addition to the previously mentioned issues before I would deem it move-in-ready. Lose any emotional connections to the house and what you've put into it and lower the price but if holding costs are only $250, I think renting would be ideal if you decide to hold out. Even with the markup of a property management company you'd still come out better. No? I am a newbie who just put in my second offer but have been in active pursuit of deals to invest in, educating myself analyzing properties from an investor and renter view point as my objective is to buy and hold for rental income. Feel free to educate further if I sound ridiculous. :)
