Option 2. That's where we are now. A few more years and we will be outta here! But still raking in the bucks with the rent from this place. It is more prudent of us to stay put now, pay whatever we can off the mortgage and go where we want when I can work full time rather than live in a nicer place now. It would ultimately take us longer to get where we wanted if we did it that way. In the future we are better off renting out our unit than selling too, the rental return is much higher than selling value would be, even 6ish yrs later!