It all depends on the financial equation. If you can take a gain from the appreciation and it is substantial, then I would suggest meeting with me in order to sell it for you. It could take many years/decades to make a $100,000 gain, for example, renting out a studio. If your property has not appreciated at all, then we rent it out for you. There are always the tax implications depending on how long you have owned the property, how long it has been in service as a rental, etc. I am very experienced in these types of transactions and can help either way.