To Sell or Hold Rental property first time investor

[Derek McGillicuddy]

Looking for some advice. I bought a rental property(SFH) last year and got a solid deal on it(90k), 10% less than market value and that was with a highly conservative appraiser. The market is heating up around me, I am wondering if I should try and sell after owning a year or wait and hold it for long term gains. I really think I could sell for around 120k so around 30k profit. Any advice would be helpful. I could recoup my initial investment of 25k and use the profit on this property for another building.

Thanks

D