Rent or sell my House

[Agustin C.]

Hello BP community,

I will be purchasing a new home in the next year or so and I havent decided whether or not I should sell or lease my house in Houston. 

My PITI is currently around $1200 and rents in my area are around 1400-1500. If I take vacancy, management fee (likely myself), and capital exp reserves I would not be positively cash flowing.

If I sell I will pretty much be breaking even. My property has appreciated, but the appreciation will cover the money I spent on the purchase plus all the cost of selling. 

What say you BP?