What would you do?

[Luis P.]

Hello guys I just signed up. My friend recommended me to this site. Basically I have a house rented in Miami Springs. The house rent is $2000 per month, I am making about $700 per month after taxes and insurance.

The house next to mine just sold for $330,000. I owe about $150,000 on mine. I think I could get 5k or 10k more than that for mine due to updates.

Here are the options I am thinking of.

Option 1: Sell and buy a multi family 3+ units. (unsure)

Option 2: Sell and save the cash. (Probably going to get drilled with taxes)

Option 3: Keep the house rented.  (Fear of market dropping and loosing equity)

What would you guys recommend?

Thanks in advance.