Should I hold or sell and reinvest?

[Nick Bauer]

Hello everyone, just had a quick question that I was hoping someone may be able to help me with. I currently own a house in California. I started renting it out in August because my family and I will be moving to Hawaii next summer and I'm on deployment at the moment.

I have at minimum $30,000 in equity and at most $50,000. With that amount, is it smarter for us to continue to rent the property out or sell it and use that money to reinvest in my hometown market of Ohio/Kentucky.

I feel like I could invest that money into a multi-unit or even partner with someone for a bigger project that would bring in more cash flow.

Is that amount of money enough to pull the trigger or should I sit on the house a little while longer and reapproach the idea little later down the line. Thank you for any assistance you could provide.