Sell or Cash out refi

[Kate B.]

I own a five-plex in Albany that I bought at a good price with cash two years.  Other than a broken pipe and damage last winter and contractor issues, it's a good property.  I expect the whole rehab to be done in September with little left to do for awhile.   Being cautious with numbers, I see it's an excellent income producer.

I cannot decide between two possible ways to go:  1) Sell and invest in mutual funds, because my regular job will be very busy (and pay well) the next few years, or  2) hold onto it, but get a cash out refi, and then sell when I retire and the mortgage is paid off.  Managing tenants has not been hard for me;  I act on issues immediately and don't mind it.

Any thoughts?

Thanks.

Kate