New to Real Estate

[Marco Solis]

Hello,

I recently purchased my first investment property. This is my fourth house purchase, but the previous ones I renovated to live in. I paid cash for this property. I will have approximately $200,000 invested when it is complete. Similar homes in the area are selling for $270,000. I would like to end up generating "passive" income by renting, but not sure if I should sell this property to invest in a multifamily or rent, take out a loan on this to purchase the multifamily. Any advice would be appreciated.