@Jeff Rappaport Thank you so much for the kindly advise. The interest rate on the house are 3% on first of $200000 and $4.5% on the second of $100000. I was told I might be able to refi to a 30 years fixed rate in one loan at 4.875%. The payment would be about $1900/month. My worry is how long it takes to get a high end house rented on average ? If it takes 2-3 month then it would be bad for me . The house got completely remodeled in 2007 ( was intend to flip but market tanked...) so it's in a very good shape. We have been very lucky to rent to a military family for the first 6 years then they helped us to rent to his colleague ( my current tenant) , so I have no much experience on high end house rental. That's so great I can get advise from people like you who has first hand experiences. Where you normally get the kind of tenants from ? If you don't mind I asked ? KSl ? Craigslist or ? As for exit strategy , that's what I am trying to figure out. By the way the house is in bountiful .
Thanks a lot again Jeff !