Unsure what to do with my current primary residence

[Dan Deng]

Hello All,

I have decided to come to the BP forums to ask for your advice and or thoughts on my current situation.  I currently live in Ann Arbor, MI and own a primary house here.  Due to a new job offer, my family is moving to San Diego, CA.  I currently own a house in Ann Arbor which we purchased back in 2019 for $550k at a 2.1% mortgage interest rate over 15 years.  It's now worth almost $700k.  Normally, I'm sure most people would sell their house so they can put the money into a downpayment on their next house. However, I'm in a fortunate situation where I will be able to move in with my parents for at least the next 2 years so I don't have to purchase or rent a house in San Diego for a bit.  Now for the dilemma:

I really like my house I purchased and put a lot of money into the house not cosmetically but upgrades that I wanted like solar panels, 2 Tesla Powerwalls and a BRAND new super efficient heat pump and 99% efficient furnace.  Unfortunately, these upgrades do not improve the price of the house nor are typical things that new home owners are looking for especially in Michigan.

I am trying to decide whether I should sell my house and put the money in a CD until I'm ready to buy a house in San Diego or to keep the house and rent it out.  Houses of my size and type are not commonly rented in Ann Arbor and the rent ranges I got from a local real estate agent ranges from $3,100 - $4,500 based upon when and how new the houses were.  My current cost for the house is about $3,700 for mortgage + insurance + taxes.  Thus the house will likely be cashflow negative once you include cost of maintenance and increased costs for insurance and taxes due to no longer being homestead.  I'm really reluctant to give up a low interest rate.

The way i see it... I have 4 possible options:

1. Sell the house - Save the money on a CD (Or something else similar) until about 2 years in the future
2. Sell the house - buy something in San Diego as soon as possible
3. Keep the house and find a long-term tenant for it
4. Keep the house and find a long-term tenant, sell in 2 years then buy a house in San Diego

So, anyone want to give me their take on what they would do if they were in my situation?