Lets see…the least intrusive way to do it would be to turn it over to a prop mgt company. That would probably put you with negative monthly cash flow, maybe $200-300 a month? Let’s say $250.
If you kept it 12 yrs, you’d shell out $3k/year x 12 years = $36K.
That home is probably worth about $250K I would assume +/- $50K. And it probably won’t be worth much more or less in 12 years.
If you instead sell the house now and put that $250/mo neg cash flow into the bank instead, you’d end up with at most about $50K in 12 years.
If you can afford a few hundred neg cash flow, I’d probably keep the house and evaluate it again in 12 yrs…at that time you’d have no mortgage and get $1000K/mo free money forever!
And I agree with TG – OKC is no place to live even for a straight guy (I’ve spent chunks of time in the area at various pts in my life – long story). If his suspicions are right, you most definitely will love the coasts.
