What would you do? Overall RE strategy

[Carole G.]

I have several properties, a mix of multifamily and single family homes. 4 of the properties return 20% or better monthly cashflow on my down payment, but 1 of those is because it is paid off.

I have 3 sfh: One that returns 2% (but we've pulled out $153k equity to buy other properties, only put $40k down to buy it, so it appreciates really well), and 2 sfh that return about 8-10%.

I would like to get a better return on the 2 houses....debating turning one into a rent-a-room arrangement, since it is within :15 minutes of a college.

Wondering if I should sell the one that returns 2%, or keep it to throw me cash...

What would you do? What is your target cashflow return on your down payment?

Note: I don't buy fixer-uppers. I buy turnkey properties in safe, middle to lower-middle class areas. I don't want to spend a lot of time at real estate investing. We are planning to retire soon, and want to be free to travel, etc.