Selling now means you could miss out on potential future gains.Market conditions: If the market is currently down, you might not get as much for the property as you would in a stronger market.Option 2: Get a Loan to Fix the BasementPros:Increase property value: Renovating the basement can add significant value to your property, both in terms of rental income and resale value.Higher rental income: With the basement fixed, you can charge market value rent, which could help cover the mortgage, property taxes, and the cost of the loan, with the profit potential.Tax deductions: The cost of renovations can often be deducted from your taxes, either through depreciation or as an immediate expense, depending on the nature of the renovation.Cons:Additional debt: Taking out a loan adds another layer of financial obligation and risk, especially if the increased rent doesn't cover the loan payments.Renovation risks: Renovations can sometimes uncover more issues that need fixing, leading to cost overruns and delays.Market risks: There's no guarantee that the market rent will remain high or that you will find tenants willing to pay the increased rent.Additional Considerations:Current Market Analysis: Understanding the current real estate market in your area is crucial.

Licensed broker-dealers maintain long-term relationships with their clients, too -- so claiming "investor relations" as a responsibility outside of raising capital is actually baloney. 

I have 2 questions related to this:-How much will this negatively impact property values over time?   

A relative of mine listed his home for sale "as is". 

I am curious if these people also google their health symptoms and just go off of that versus going to a doctor?

@Amer Swid The whole point of a house hack is to cover some or all of your living expenses.

That is, there are likely relatively few improvements to be made.

A beginner who doesn't have significant reserves to cover things that come up, or needs actual positive cashflow, should not touch a deal like this IMO.

This covers possible deductions, depreciation, and capital gains calculations.Discuss Long-Term objectives: Talk to your spouse about your long-term objectives, risk tolerance, and property management preferences.Ultimately, the selection will be based on your own circumstances, goals, and preferences.

I've never stayed in a STR that had me do anything except take out the trash and leave the place relatively clean...3) Hotel rooms are not cheaper anyplace I've been lately.Tips - Be honest, have a clean place in a desirable neighborhood, set your prices fairly.