I think it is a question of cash flow. If you can rent your current house for more than you pay to live somewhere else, it seems like a good idea.
Don't forget to include all the costs, like vacancy, taxes, insurance, maintenance, etc.
Another option to consider is sell it on an owner finance. That way, you get a down payment and collect monthly payments but you do not have to maintain the property nor pay any of the costs to own it.
I hope this helps. Let me know if you have any additional questions.
Neil Aggarwal
Property Financing, LLC