Sell or rent my primary?

[Jeremiah Lewis]

I’m in a pickle. I recently shot myself in the foot and refinanced my primary to a 15, made sense at the time but things have changed. I should have left it on a 30 and cash flowed it. At the current market value (was appraised) I’m sure I could walk away with 75-100k after realtor fees, or sell myself and pay to have someone do the paperwork. I was going to turn it into a rental and let it just pay for itself but now I’m considering selling it, taking that profit and investing into multiple properties/multi family homes that I can make a decent amount cash flow from. Other thought is keep my house, pull a heloc and buy a multi family, move into that and then make that house a rental. The biggest thing I’m scared of and maybe some of you have some advice is, what do you do when you buy a house or something and it just won’t rent? Especially with the moratorium just passed, wtf am I gonna do if I spend $500,000 on a big unit and get 4 tenants that don’t pay rent because they can?