Sell or Rent Home: what is better long term?

[Kristina Zuniga]

I am new to the Bigger Pockets podcast and am enjoying it and learning so much.  I am hoping to get some feedback from you all for my situation. I bought my house 4 years ago as my primary residence for $645k and put in $100k of renovations.  I am thinking of moving out soon and am debating of whether it is best to rent it out long term or sell it. If I rent it out, I could make approximately $300-$500 more than my mortgage (principal, interest, and property tax)… if I sell it in this hot market, I could sell it for at least $850k.  What is the financially best (rent or sell)? I know there are calculators out there but hoping to get more personal responses.