Have you thought about trading the fiveplex for a Class B duplex in a Class B neighborhood and move into one of the units and rent out the other??

Why can't you start with some smaller residential or small multifamily commercial properties to get your feet wet, show proof of concept and possibly try to take on larger deals.Or possibly find a local syndication group and become an employee under them learning the trade and finding a mentor in the space.

If the goal is increased equity and wealth then upgrade properties judiciously and increase rents or trade up using real estate exchanges.  

Investing in another state carries some of these same risks but to a much lesser degree.Every time I've looked at something abroad the risk / profit trade-off seems imbalanced vs. what I can do within the US.

It opened doors to new markets for agricultural products such as cotton, sugar, and grains, laying the foundation for prosperous farming and trade economies across the newly acquired territories.Investors keen on infrastructure development saw potential in establishing trade routes, settlements, and towns that would eventually grow into thriving cities.

That said, trading up is never bad but there isn’t enough information on what you have, your goals or you timelines for me to offer suggestions on whether or not you should sell.

In December 2021, Ford stock is now trading for $19.61 a share.

If you are inexperienced, just manage the properties as is for a few years until you learn how to manage rentals, and more importantly understand the fundamentals of investing (leverage, tax implications, opportunity cost, opex vs capital trade-offs, etc).

Try to consider total capex, future rents and appreciation and then compare with a different scenario in a better area.If you end up trading up a 1031 may not be worth it, as you have not owned it that long and you'd be hobbled by the rules forcing your hand on the purchase side.

Hi Diana,I have several properties that are outside of where I live and I contract with trades as needed and pay them according to the job.