I wouldn't want to carry 2 mortgages either. In your case, I would definitely sell, if you have equity in the house especially. I'm going into this understanding that there is risk in getting shitty tenants and having the house trashed, rent unpaid, possibly going through nightmare eviction process... To have to burden that risk AND possibly depend on the rent money to make payments to the second mortgage would be too much for me. the only reason I'm willing to risk it is cause my house is paid off and I'm partial to it and don't really want to sell (childhood home, its a good growing area, etc). Regardless, I'm glad somebody appreciates it. I'm pretty much going to use this thread as my diary of being a first time noob landlord. Hopefully, this thread won't see too many expletives from me.