Selling a house to reinvest in multiple properties

[Lisa Hill]

We bought a small house in San Jose that we outgrew.  At the time we couldn’t offload it so saved for a second house.  We rented it for a time and have used it as a very successful Airbnb since 2015.  Now we have about $500k equity and Airbnb in the area is saturated so we have decided to sell it and buy cheaper properties to rent.  

We plan to put it on the market in March.  Considering listing it flat rate.  Any suggestions on this?

Areas of interest to purchase include Fresno, Merced, Visalia, Cincinnati, Detroit.  Also consider Artesia and Clovis NM.

How does one buy a property if they aren’t sure where to buy but mainly interested in deals?

Would definitely consider Airbnb again in an area not so saturated.

Any suggestions appreciated!