What would you do with 2 single family rentals?

[Chris T.]

I am thinking of cashing out 2 SFH, in class A/B areas. Gross rent for both is $3700 per month. If I cash them out to a 30 year FIXED mortgages, I would probably get $320K to $340K.

My monthly PITI payments would be around $2800 to $3000 per month.

Would you

1. Cash out, and use the money to continue the BRRRR strategy, primarily SFH in class A/B areas? (my current strategy till this point)

2. Cash out, and invest in MF? 

3. Cash out and invest in something else, like notes!

4. Don't cash out. Get HELOC on both of them (to buy good deals when I come across one), and in the meantime use the cash flow to pay off my other mortgages.

(All my other rentals are cash flow positive, and low interest on 30 year FIXED)

5. None of the above, what would you do? 

Any constructive feedback and thoughts are appreciated!