Time to turn my rental? (Sell and buy better)

[Gavin Welch]

Any thoughts.. I have a single family home that I own outright. I paid 40k for a couple of years ago. It's not in the best neighborhood, but is not a war zone either..cute place It rents for $800 a month and we have not really had any tenant problems. I was thinking of selling, I could probably get 50-55k for it and using that as the down payment for a better rental property in a better neighborhood. Maybe 60 to 80k then finance the difference.. 20 to 30k. I hate debt and mortgages. I also have three other free and clear rentals that would easily cover the note in case of vacancy. Do I sell this cash cow? Or keep it?