Sell or keep as a rental

[Ashley Lynn]

It’s been a while since I have been on this board. I purchased my current home in 2012. If I sold it today I would profit approx $250,000. 

My end goal has always been rental properties and passive income. This is the only house we own. Our all in expenses are $1,100 but they are renting at $2,300, which is a nice chunk of change each month. 

My dilemma is do we sell or do we hold the property as a rental? My other dilemma is if we do sell, I do not want to buy in this market. It seems counterproductive to sell a low risk property just to buy a high risk property. 

We could live at my parents home for a year (it is their vacation home not their main home). But i would hate to go too long without a place of our own. 

Would you sell and reinvest the profit or hold as a rental?