<prompt> Human: Hey PF, long time lurker, first time posting. Im looking for opinions on what you would do with my apartment in nyc. Has anyone on here tried being a long distance landlord?I have an apartment in Manhattan currently rented out for 9500month. The tenants are very good, I rarely hear from them, and their lease is up next December. Theyve told me theyre looking to buy so they probably wont renew Will have to find new tenants next year, took 3 weeks last time. Im considering selling the property 3.5m appraisal since the NYC real estate market is starting to cool down. Im confident I could make a greater ROI with that money elsewhere but Im still uneasy losing the nearly guaranteed income.My finances at the moment are as followsincome9500month rental income6700month pretax incomeexpenses21k property taxes 2750month my rent4000month average on the card I use for everything.Assets7k in checking270k in brokerage - my retirementDebt300k home equity loan at 3In Austin my expense will decrease slightly and my income will stay the same.So is being a long distance landlord doable? And regardless of moving, would you keep or sell the apartment considering my position and the market?  <response>: Your place is worth 3.5m and youre asking on reddit? 