Right now the market is in an upswing so it is a great time to sell. That said, if you are willing to be a landlord you may have a great opportunity to make additional income from this existing home. This question really comes down to you and where you feel the most comfortable. Being a landlord can be stressful as you still need to maintain the home, manage tenants, and collect rents. Some people do not mind doing this, others see it as a huge risk. There are good and bad parts to renting out a property but really it comes down to what you are comfortable with. You also need to speak with a mortgage lender to see how owning the investment property will affect you with the purchase of a new home. The debt you owe on the investment property will be counted and not all of the rent will be counted as income when it comes to qualifying. Also, depending on the type of financing you currently have it may prevent you from using as inexpensive a form of financing this time around. As you can see this puts a lot of balls into play. I am happy to answer any questions you may have.
Please feel free to contact me directly 817-729-4281 or firstname.lastname@example.org
Keller Williams Realty