Deciding on Selling Beach House

[Joshua Morton]

Hi Everyone,

     I have a situation that is causing a lot of stress in my life and I wanted to get some feedback.  My sister and I recently inherited a beach house, a condo, and a plot of land in the Cherry Grove, SC area.   All 3 properties are paid for in full.  The beach house rents during the summer months and nets $30,000 on average.  The condo is rented year round to a tenant, and the plot of land is in a perfect spot to build and rent on.  

     My sister wants to sell everything, but I would like to retain some of it since they are all paid for and are earning money.  Along with the NC properties I will have to buy her half out of I only think I can buy out just one of the SC properties.  I'm really struggling with making this decision.  I'm wondering if buying out the beach house is worth it, or if I should sell it and take the money to try and find other properties to invest with closer to where I live in NC. Ideally I would like to find a way to keep all 3 properties as they are in a great vacation location and will all rent well.  I would have to build and rent on the plot of land, but it's in a prime location. 

    If anyone can just share their opinions as to what you might do in my situation or any creative thoughts at all I would greatly appreciate it.