My husband and I bought a fixer upper to rent, and we are fixing it ourselves. Currently we paid to get an new roof, and we are replacing the floor. Under the house here is lots of water that gathers. We have added a French drain and that did not help much. A friend told us that if we add guttering to our house it should fix the problem. Is this reasonable? Is there something else we should look at?
We have spent 20 grand on the house so far, and similar houses around the neighborhood sell around 45 so we are not sure if we will rent for $450 to $500 or sell.
That is another question I have. Should we sell to finish paying our mortgage off faster, or rent?
Thanks!