Rent, Sell or Leverage&Rent

[JaNae Anderson]

What would you do if you had a house that has $200k in equity and your looking to start investing in real estate? 

Option #1: Rent the property out for $2,500 a month, with a operating cost of $1,850? 

Option #2: Simply sell the property and walk away with $200k?         

Option#3: Leverage by using thw equity to buy a rental property while also renting the property out for $2,500 a month?