Need help. Crossroads

[Destind4]

Do you really want to be a landlord?

That's like asking if someone wants to work a 9-5 the rest of their lives instead of working for themselves. Personally, I think most would love to be completely self-sufficient and produce passove income.

[snafu]

Lilfe it too short to wake up every morning in a house you hate. I'd get it looking it's best, fix any inexpensive, small issues, add brighter lighting and make appointment with 3, experience realtors who are familiar with your area. Ask what they'd list, suggestions for DIY improvements and their marketing plan. Once you have hard figures you can watch what's offered in your preferred area for you to evaluate based on cost per square ft. plus garage which is an important feature to you.

I can't see being a landlord if the property will need to be subsidized. If you choose to sell, I suggest getting tentative financing in place so that when you're ready to make an offer your bid has more to offer the seller than someone else's contingency bid. The fact is you need the next house to be affordable without repeating your current situation. Does your mortgage loan officer/broker see interest rates rising at mid year as threatened? You can do better if you buy a lower priced home in your preferred neighbourhood and upgrade with paint, new appliances, and improved landscaping. How do you and possibly SO feel about sweat equity?