Should I continue to rent or sell?

[Helen Vann]

I would love to hear your thoughts on how to weigh my options. I bought a 3br 2ba home in NC (I lived there at the time) in 2014. I bought it for 163,000 it now would likely sell for 250,000. I had the same wonderful tenant the entire time. She just moved out. My interest rate is 4.5 payment $884.00 a month. Rent was 1250 but was very low for the area and home. If I keep it I will rent at 1500 per month. My credit was hit due to not realizing I had and electric bill to pay in my move. My credit score is 650. I'm doubtful that I can secure lending for another rental at this time due to my credit score. Now the home is 7 hours from where I'm currently living. Should I keep it and rent again while I'm improving my score? Then remortgage and use equity to pay a down payment on additional rentals where I'm currently living? Sell now, sell high keep my cash until I can buy where I'm currently living? Or some other option I haven't thought of??

[Sherree Ruston]

And I am definitely no pro and would love to be in your shoes, but have been listening alot to Robert Kiyosaki, and he would say not to sell. LOL