Thanks for the additional detail, so that we're clear on the financials of the properties my current understanding and the calculations below are based on the following:
Property 1 ($610 per month total profit, including principal + cash flow)
Property 2 ($150 per month total profit, including principal + cash flow)
Property 3 ($610 per month total profit, including principal + cash flow)
Total Profit: $1370 / month
Property 1 $80K invested
Property 2 $90K invested
Property 3 170K invested
Total investment $340K
The other alternative is that principal payments are on top of the above, which is an additional $2310 / month ($27.7K / year)
Using this $1370*12 = $16.5K / year in profit. 16.5K / 40K = 4.8% return on capital / year, excluding any capital appreciation which given the property locations we may not be able to consider. This return may be acceptable if we assume that equity increases pace inflation and therefore you are effectively earning 4.8% net of inflation, or slightly above the safe withdrawal rate. However, assuming a best-case scenario in Canada where RE simply stops appreciating in the near-term which inflation continues at ~3% per year, your post-inflation ROI may only be 1.8%. However, if principal payments are an additional profit source you have a more attractive $44.2K / 340K or 13% return per year. If the latter is the case than I would personaly believe you are most likely fine to stay in RE, provided you diversify out the remainder of the cash.
At the end of the day my broader recommendation would be in line with what an earlier poster said: you need to consider what role you want real estate to play in your wealth building, and your reasons for putting your money into these types of investments.
I don't want to overreach here so please take this with a grain of salt, but in reading the posts I wonder if there may also be a 'comfort issue' here. In my opinion asset allocation is a fairly simple and objective exercise, one in which emotion has little room if you want to be successful over the long-run.
However, I wonder if given your history with advisors, your knowledge / comfort with real estate, and your personal lack of knowledge of other asset types that you aren't simply allocating assets to real estate because it is where you feel most comfortable? If this is the case, it may be worthwhile to take a couple of months and put some serious time behind understanding the other investment vehicles that may be available to you and the corresponding advantages / disadvantages of each. Once you'be completed this, you would be making a very informed choice should you choose to stay in RE (e.g., you've weighed all available alternatives and determined that RE is in fact the best for you personally) as opposed to what I might term the 'default choice', which is RE because you know it best.
Anyway, not sure this added anything and sorry if I overreached in my analysis.