San Diego or Austin ?

[Vamsi Pan]

I have currently rental in San Diego, but the renters are moving. Currently the San Diego rental generates around 17K/ year cash flow. Does it makes sense to sell in and use the equity (~1 Mil) to  buy more rentals in Texas (esp  Austin / San Antonio). Given that the markets are hot and I need to do a 1031 seemed little bit risky. But also feel that the returns are not that great in SD. 

Experts, please share your thoughts!

[Jordan Moorhead]

@Vamsi Pan you would have $1M if it sold? We could get you 5 rentals in Austin for that using leverage. You'd pay down more debt, have more appreciation and more cashflow. No brainer IMO.