Selling Property in CA moving equity to another state? Yes or No
We own income properties in Southern CA. We have a condo that only cash flows about $300 per month. It has about 500k in equity. I'm trying to decide if we should sell it and move the money out of state to make a bigger cash flow each month or keep it and watch it appreciate. It's located in a nice gated community in Newport Beach. Any input would be greatly appreciated.