TO SELL CALIF RENTAL OR NOT

[Melodee Rohlff]

So here I am a single mom in her 40s that went though a divorce lost big in 2010 lost my home and 300 K input down on it. Now 6 years later moved out of Silicon Valley in 2015 to northern Calif bought a home 4/3 for 290k. Moved out of there two years later in 2017 and rented it. It’s up by 200k!

Is it time to sell or keep it since my  goal is to have multiple rentals. Why sell a Cali priory I owe less then 300 k and it rents for 2500!? 

inlive in acreage with two homes the cottage rent is 1400 And I live in the main farm hosue. it pays half of my main house mortgage. So I’m in a good spot and I make 190k a year as an emergency room nurse. 

I do have some cash not much 50k to invest 
should I not sell that property my first rental it has great bones new rooof windows floors paint so cute but not my dream hosue or retirement hosue too many stairs I also see one of my kids maybe needing torment it or live in it one day sweet little HOA community

I’m not the best saber shoot I should have so much like my saved since I make good income but I have a damn hobby farm that takes up my money damn goats and chickens lol 

But I need to be savvy. So I have this first house it’s up 200k it’s a high time do I sell and use that money to begin investing in mayne other cheaper California properties and god knows where maybe even Oklahoma Cory where I have some distant family 

I need advice. I have no family much anymore no parents passed no siblings that help answer these they are mostly in jail or on welfare so I’m pretty alone in my venture and I want to be a successful  financially savvy and well off woman!