When we got married i had a house in knightdale outside of my capital city ( NC - Raleigh). I bought the house speculating the highway (I-540) will increase my house price, then i can sell and move inside city. Hope it will get completed by next year.
My wife also had a house same place but not near any major roadways. The price didn't change for a long time. So we are planning to sell her house.
Pros:
1. We don't need to maintain the house
2. Extra money to invest in other properties.
3. Consolidate our finance
Cons:
1. Loose a real estate
2. Fixing the house will cost 3000$
So we finally decided to rent the house for 6 months save the money, fix and sell the house.
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