How & when to know that you should sell one of your properties

[Bryant Vasquez]

Hello everyone, 

As of now I own two rental properties (both condos) and I've been thinking about potentially selling the first rental property which I paid 93K for. This property was a fixer upper that I put roughly 12K in renovations and it could potentially sell for 160-180K. The HOA dues for this property are pretty high (450 a month) which limit my cashflow to roughly 250 a month.

Does it make sense to sell this property and look into buying a home which could bring in more cashflow or is it better to do a BRRR strategy?

Also what is everyone's 'rule of thumb' on selling or keeping. 

Thanks, 

Noob Investor