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Off the top of my head it looks as though selling is reasonable. In Massachusetts (where I am) you can get 5% on double tax-free municipal bonds these days. They aren't risk-free, because the price fluctuates, but they haven't moved much over the past three years. If you are in the 28% federal bracket and 6% Massachusetts, then your $8000 rental income leaves you with $5280. Not much difference in cash, but saves the hassle of dealing with tenants. I'm neglecting capital gains consequences.

By accident I am a landlord myself and have had great luck with my tenants. But you can't count on it.
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