Rent or sell my current home

[Enrique Gonzalez]

Need some guidance, I have been trying to learn everything as fast as I can (2nd week on BP) so wanted to test out what I have come up with some far and get some advise and get some validation if I should rent or sell my current house or use the money to buy other properties. We have been in the house for 7 years and have replaced the main systems that would be a big costs driver (see below). So in theory the future maintenance should be the smaller wear and tear of the house. There are not a huge number of rental in my direct area so there might be an opportunity to get some good renters. Here are the details

45+ year old house

new a/c (6 years ago)

New roof (last year)

New electrical panel (6 years ago)

New plumbing (this year) 

mostly new appliances (oven is old)

New floors in about 60% of the house

The numbers:

Currently on a 30 year loan with 3.8% int.

monthly payment is $1250

Avg rent Comps are $1600 to $1800

If I apply the 50% rule then it does not work, but taking into consideration that the main money drivers have been addressed would I still be in good shape if make the decision to not set aside as much for the expenses. does this make sense?