$131,000 today or $700 forever

[Will Lawburg]

Let's play a game.

You have a separate property that appreciated well. You can sell it now (make $131k after taxes and fees), or you can convert it to a rental property and make. $700/mo for the rest of your life.

Also, you have 100k in other debts that cost you $800/month (of 30k in car, 70k in student). Oh, and you have a few awesome kids

What do you do?