Looking for any insight I can get here! My situation below:

I’ve got 3 rentals houses.

1. House is worth 230k. Have 75k equity in it. I profit $900/month renting 1-yr leases to college students via a property management company. I bought this as a primary home and moved out after 5 years.

2. House is worth 250k. My brother and I have 50k equity in it. This is rented until summer of next year and we plan to also pass this to the property manager once he moves out.

3. House is worth 260k. Have 60k equity in it. We profit $200/month renting 1-yr leases to young business professionals/students via the same property management company. This was purchased as an investment property with 2 partners within the past 6 months.

*these are all based in Louisiana. I am located in Texas.

Curious to see what you would do if you were in my shoes. Is there equity to use that I can be investing in other properties elsewhere? I’ve read about transferring into a trusts, but not very familiar with that. Should I consider rent-to-own? Within the next 1.5 years I’d love to purchase something in Austin, TX to live in and rent out. That’s where my mind is at, but not set.

Thank you in advance!