What should I do with my 120k?

[Andrew Torres]

I am already in escrow to sell my house, my net after taxes, fees, etc will be around $120,000. We make good money in California. We are currently renting and will be looking to buy a house in October for ourselves but I am having analysis paralysis.

Should I:

A.) Pay off my wifes $140,000 debt in college loans 

B.) Pay off my $40,000 equipment loan on a business I am starting and purchase 2 more vending machines.

C.) Split the money into at least 3 different houses and rent those out 

D.) A mixture of all of the above

I can provide more details if necessary.