New primary. Sell or rent current home?

[Ashly B.]

I've been actively searching for my next rental for a *LONG* time. Long story short, my market got really hot both as an investment location and also is growing rapidly. Great for my existing rentals, not great for my next acquisition. For a number of reasons, I've just purchased a new primary (close in 2 weeks) and I'm really conflicted about what to do with my current SFH. Compared to my multifamily, its just such a small cash flow that I'm having trouble convincing myself its worth it to keep and I should cash out my equity to invest in something else. On the other hand, the market is so high that the equity wouldn't go far toward purchasing a multi or anything else for that matter. Trying to play the mental game and convince myself that if I view both properties together as a portfolio, the numbers make a lot of sense even if the SFH doesn't do a lot on its own. Both my current rental and current primary are on 15 year mortgages with 12.5 years left. If I sold the primary I'd be looking at walking away with about $30k after realtor fees, etc. Keep current primary or sell? I'm also open to the idea of owner financing but don't really know where to start with that - I don't want it to sit empty for long regardless of which route I choose. Appreciate any feedback

	Primary	Multi	Combined
PP + Renovations	$116,000	$145,000	$261,000
Expenses	$3,800	$8,900	$12,700
Rent	$16,200	$38,500	$54,700
Net Income	$12,400	$29,600	$42,000
CAP	10.68%	20%	16%
Existing Mortgage amt	$85,000	$95,000	$180,000
PI	$710 (15)	$791 (15)
Annual PI	$8,520	$9,492	$18,012
Net Cash	$3,880	$20,108	$23,988