Pay off debt or invest

[Elizabeth Velez]

We have about $170k in "bad" debt and our DTR is almost 50%. We are about to get $150k in cash from a business sale. Should we pay off debt or invest? I'm thinking pay off enough debt to get us to 30% DTR then invest in a STR.

This year we have bought 5 small LTR's and are under contract with our first STR. (All with an LLC) We are newbies and trying to get started the right way.

We are working with a financial advisor but I’m looking for other opinions.