To move out of our investment property?

[Rachel OLeary]

Hello,

My husband and I currently own a 2-family home, live in one side, and rent the other.  In our shopping for another investment property, we found a nice single-family home 3 doors down from our current house.  We are wondering if it is a good idea to move out of our current place--making it our investment property--then moving to the new home.  The investment property would cash flow about $500/month if we manage it ourselves.  

Any input or advice would be much appreciated!  Thank you!!

Sincerely,

Rachel O'Leary