Should I rent my house out or sell it and collect the interest

[Patrick Flanagan]

Hey bigger pockets members, I bought my house(1100 sqft 3bd 2bth) for 171,000 a year and a half ago. I owe $167,000 on it. I recently got my house appraised at $235,000. Which I could not believe. So I would like some advice on wether I should cash out at my 2 year mark and collect $50,000-$70,000 or continue with my original plan. Which is use my VA loan, live in the house for 2 years then switch the loan from a VA to conventional loan. I’d like to repeat that cycle until I get about 10 house that I can rent out. My local property management company told me I could rent my house out for $1400-1600 a month, my mortgage with a conventional loan would be around $1200 a month. My over all goal is good cash flowing rentals, I’d like to pay them off as soon as I can. So I’m stuck on wether I should use that money to acquire more investment properties or if I should just keep the house and find a good renter? Thanks for the help, Patrick

[Brian Ploszay]

I would keep it, if you can stomach being a landlord.  Only advice - make sure you get a good, long term tenant.  If someone stays 5 years, then you're in very good shape.