in 2009, i bought my house fro $294k. I put ~$90k down at 5 1/4 and then re-fid for under 4% (3 1/8 i think?) had a mortage payment of under $1300. In 2017 i moved and the comps were around $500k or so. I was around $190k principle and so I was looking at cashing out $300K + . Instead, I decided to rent the place and now I'm getting over $2k per month after my property manager takes 10%, which means about $700 in my pocket after paying the mortgage. That's really nice having that passive income (and my property manager is awesome) and the house value continues to climb.

I'm also in the position to do a LLC for that rental to try to take advantage of the 20% savings for pass thru income.