Should I move on from a good cash flowing property?

[Mike Pastoor]

First time poster with what may be a fairly basic question.

I own a duplex which over the past 7 years has doubled in value and cash flows about $350 per unit per month. While this is good, the downside is the area may be in decline and recently had a group-home start next door.

I’m not sure if I should keep a good cash flowing house, or do a 1031 and move into a different area and risk losing the same cash flow. I’d really appreciate input as this is my first property and I’d like to buy more but not before developing a strategy for this property first. Thanks in advance.