Brian thank you for your insights! You made some really good points. The house has two kitchens already but one laundry unit. It could probably be turned into duplex. Ex tenant was saying that sound proofing is not great since he was hosting Airbnb guests downstairs. That could be a problem for a duplex. We would not sell it as of now. Maybe next year in the spring. We are currently trying to sell our townhome in West Seattle (not going too well). My other fears with continuing to rent it is with probably not best tenants and Covid, they might stop paying and we can’t evict during Covid.
We are looking into flipping it by renovating it and possibly selling it next year. We can live there during renovations, fingers crossed our west Seattle home sells. Question is how much money should we put into it. Also, finding contractor had been an experience :(
I appreciate your feedback! We don’t have much experience with real estate yet. I am a psych nurse and my husband is data analyst. Definitely learning a lot.