Keep home as rental in CA, moving out if state

[Justin Anspach]

I live in the Central Vallet of California. I am considering moving out of state. I am trying to discern if keeping a CA home will be more trouble than its work if I Move away. Rent will be double my current mortgage. So Cashflow is excellent. But CA as a whole is declining in quality and stability. So Should I cash out now? and just take while the getting is good? Or is this  viable long term investment? 

[Jessica Tsao]

My belief is if you can keep it. Always keep it. As CA real estate always has value.  when you sell, you pay realtor fees, closing costs. If you want $$ cash. Refi and cash some out for additional investments. It’s always cheaper than paying 5-6% in repair fees and closing costs. I am sure everyone has a different opinion. That’s my 2cents. 😊

Cheers