(Barring HOA complaints.).The management company takes cares of everything.

I don't care if I have to give it away I just want to stop having to pay monthly maintenance fees!

However, be very careful when doing a lease option and have it vetted carefully with your legal team. 

I suggest not caring, just as i no longer do relative to baltimore city and its corrupt absurdity, fueled by stupidity. 

@Kevin Tyrone wayman srEven if it’s a refi if you can make that much money by doing the work I wouldn’t care - overall cost of business and say it’s $65k with closing and my mortgage goes up several hundred bucks your stoll grossing over $2k on the investmentLook at it that way.

Is it out of your job, vacation fund, retirement money added to a 401k, taking care of aging parents....You determine what the goal is and the answer will become crystal clear. 

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It should take care of the problem.

It's located in a desirable / up and coming neighborhood (Hixson, TN), has good tenants, and seems well taken care of (will be verifying that with inspections shortly though).

Also be careful not to over improve.