Advice on using current rental property to fund other deals

[Riad Ali]

Hello everyone, this is my first post. I recently decided to get started on investing in real estate. I have read a couple books and articles, browsed the forums and am listening to podcasts. Still have a lot to learn and would like some advice. I currently have a paid in full home in Miami, FL that can sell for about $290-300K and has been rented without vacancy for about 5 years. It is currently rented for $1850, but could probably go as high as $2000. I feel like I could make more with the money from selling this property.

I have been throwing around ideas in my mind about how to use this property to get started, but I am not sure what makes most sense. Sell the home and buy other properties in South Florida? Sell and get use all as a down payment for an apartment complex for multi family home? Refinance with cash out and use those funds for another property? Don't touch it and finance deals using a different method?

What would you all do with that property to maximize my return and get started investing? Keep in mind that properties in South Florida are relatively expensive and deals are gobbled up by cash buyers pretty quickly.