<prompt> Human: Hi rpersonalfinance. About a year ago I posted thisMy situation is about the same, except I am now 29 years old and have 120k in Vanguard. My monthly expenses are still about 900, and I have three properties to my name: Property 1: I live in this. It would otherwise earn about 550month after fees. If I sold this, I think I could only get 75k for it. Property 2: this would normally earn about 550month after fees but I found a tenant for a 6-month lease at 600month. Same as above, if I sold this, I think I could only get around 75k. Property 3: found a tenant for a 12-month lease at 300month after fees. If I sold this, I think I would only get 35k.all figures are in USDI want to sell these properties for the following reasons:1. As a minimalist, I want to own as few things as possible in my mind, excess clutter and this includes property.2. I want to have the option of packing my things and traveling for a while, without having to worry about these rentals.3. Psychologically, itd be nice to sell the units, bank the profits, and close this chapter of my life.In the previous post, people suggested hiring a management company. I tried this with two and both were completely incompetent: one didnt bother to respond to inquiries, and another didnt bother to advertise my properties at all. Apparently, in my country its also common for some management companies here to collect rent and not pass it onto the owner, and overcharge for services like cleaning and maintenance, both which happened to a close friend of mine. Id really like to avoid the option of hiring a management company if possible.On one hand, I would really like to sell these units so I wouldnt have to worry about them anymore. On the other hand, all three properties are effectively earning 9 ROI and Im not sure if I can get that elsewhere.What would you guys do in my situation? Any advice would be appreciated.  <response>: Landlord here. If you have a property thats cash flowing well - AND - paid off, keep it. Its a no brainier.Why? In the event you sell, youll lose about 6-7 of the homes total value for closing costs. Assuming you bought it less than what you sell it for, the excess profit will be taxed. By the time youre done, youll be left with much less. One of the many advantages of investment property is the ability to depreciate and write off many of the expenses to the point of paying nearly nothing in income taxes on the rental income you receive. In addition, 1031 exchanges would allow you to sell and roll the profits into another income property and delay the taxes. Youre getting a 9 ROI right now - PLUS any future appreciation on the home, which is the icing on the cake. With the same effort it would take to sell the properties, find a competent property manager to take over the day-to-day operations of the homes.problem solved. 