Exit strategy question? Sell or continue to rent.

[David Huynh]

Hello All,

Looking for some advice here on buying to hold vs flipping. 

Is there a general rule of thumb if your property appreciates - where you just sell it instead of renting it out?

I bought a condo for roughly 50k in 6/10 condition. Currently profiting approximately $600-650/month after all is said and done w/ property taxes, HOA, insurance, etc.

There are 3 recently sold units within the building at 95k, 99k, and 99k. What would you do?