Unless you are unknowledgable, my bet is you could make more from rent than sale, and still have the benefits of owning the original home while you go do something else.The 25K you have left in property will be netting you(gross) of $350 mo or 4200 per year.

How do you think the 2 relatives will feel about having their rent raised or being required to pay rent period?

Regarding next steps, I agree that the best way to approach this would be to have one person act as boots on the ground and the other person handle the back office related items.

I think there are some tax benefits that outway the small negative cash flow that you're currently experiencing. 

Any management fee structure (monthly fees) is simply a guess with regard to what will keep the PMC in the black in relation to the work that will be needed to manage the door. 

I think this the best topic to shareSharing stories about how people got started making money—what worked and what didn’t—is such a relatable and inspiring topic.

Longer Tenure in HomesData from the National Association of Realtors (NAR) shows people are staying in their homes for a decade (see graph below):This increased tenure means homeowners benefit even more from home values growing over time.

I currently live in Tennessee and I have a possible opportunity to in move to the state of New York for a two-year work-related contract come the summertime.

It gives you access to funds at a relatively low interest rate, and you can repay it as the rental generates income.

Having time to do the work was the biggest benefit.