Hi,I am owning a nice house currently worth 600K (clean from any mortgage or debt) and finally understood that sitting on this kind of asset is just a monthly waste of money.As I am completely new to the real estate investment business, I am wondering whether it would be the right way to sell my current house and buy several assets for rental or keeping this and getting a loan/mortgage and buy, probably, fewer assets.I am sure there are many answers to my question but I'd really appreciate to just get some kind of idea of what the right direction would be.Thanks in advance for any replies  

He just finished cleaning and repainting entire house and it is in good shape.

I only discovered this recently - but, I am cleaning up my credit.

The house closed in late July and I had to do some cleaning in the house before it was market ready.

There is an option for a retention pond and also there is drainage the city needs to clean out to speed flow that could very well help.

I ran the Transunion SmartMove background check with credit report, criminal history, and eviction report and it came back clean, but had to reject two other applicants after their SmartMove scores came back low for low credit scores and numerous pre-eviction filings at local courts.  

My mom began playing the BiggerPockets podcast while we were cleaning and i was amazed that so much advice was being given away for free, so I had to sign up! 

Real estate is one of the last great free-market environments. everything is negotiable, and some providers are better than others, meaning they offer more complete/sophisticated service and response, wider marketing exposure, etc.I compete routinely against both higher than 5% and lower than 10% management rates and anywhere from one month's rent for a leasing fee, to half that. 

Properties are sold with clean titles.

I'm going to raise the rent to $700 and make them clean up, so it clearly isn't going to work.