Rent or Sell (Single Family House Hawaii)

[Christopher Dizon]

I think I know the answer to my question but I need someone to confirm it.

I am active duty Navy currently living in Hawaii. Bought a single family house in 2019 for $665,000. Fast forward to today, currently the house is estimated at 830,000. (About 25% increase in 2 years) At about this month next year, I will be moving to my next duty station (don't know where to yet), and was thinking of refinancing my VA loan to a conventional since I will have over 20% equity to avoid PMI and to free up my VA benefits to use where ever I'll be stationed next.

However, the past month I have been reading books, forums, and listening to podcasts about renting out single family homes and now I am leaning towards taking the money and run. I ran the numbers if I were to rent it out and I would have a cashflow of $110/month (thats without PM fees). So with PM fee's, the cash flow would be negative. 

Unless someone has a different opinion, I believe the best way to move forward is to sell.

Looking forward to your answers. Thanks!

-Chris