Should I sell or do cash out refinance for rental property ?

[Maggie Li]

Hi, there, I have a previous primary house in Southern California. The house build in 2008, 3000sq in a so so neighborhood. We convert that to a rental property in 2015. It has about $600K equity now. I’m just wondering whether I should sell it or do a cash out refinance to invest in a better neighborhood.

Thanks for any of your advice !