Rent or sell?

[Austin Glidewell]

Just curious on what some investors process is when deciding on selling a property vs continuing to rent. Do some investors look at cap rates and decide if the property falls below a specific cape rate number then they sell? Do some wait until a property has a certain amount of equity? Does anyone project out cash flow and run IRR calculations? Trying to get a good idea of what common practice is?

I have some rentals that obtain decent cap rates but not sure at what point I should sell. 

Thanks everyone,