Terry,You can do 1031 exchange to defer gain on the property you are selling.

I'd rent it, for something to cash flow $400+ per month in a high cost of living area after you've pulled out all your cash is pretty great, you don't even have to sell it within 2 years because you can just do a 1031 exchange down the line if you choose to. 

Put 15-20K in fixing it up.Rented for 3+ years at around $1,100/month.Collected approx 12K in net rent....Just listed it today at 149,900 to sell fast....Net profit expected to be 75-80K...This profit will go in a 1031 exchange (to pay no tax on it)...In the next few months I'll use that cash as a 25% down payment on a multifamily building...So i'll be looking at maybe 8 unit buildings around the 400K price point.So I'll be taking one unit and turning it into 8!

I am also attracted to Real Estate Investing because I can really be involved personally in this investment unlike other investments such as the stock market that have many external factors that you have no control over. 

Was your 1031 exchange transaction affected by the Coronavirus? 

I did not need the refrig for any of my rentals so I gave it to my plumber in exchanged for $1500 worth of labor.

Cruise ship reps have been a little fast and loose with the truth lately...You buying stock :) ?

Would this qualify as a like kind exchange?

This normally takes place without notifying the lender that a deed exchange has happened and could--in theory--trigger the Due on Sale/Transfer clause that is standard in most mortgage contracts. 

I have a personal friend who was making a killing in the stock market for the past several years and he is crying right now.