Paying down debt from sale of property

[Max T.]

Most people on BP it seems will discourage this and instead advise reinvesting all profits. I have a situation where i feel it is better for me to pay down debt. I'm selling a vacant lot and will come into some nice cash. I have a rental purchased in 2013 with an FHA that cash flows after all expenses about $175/month. By far my worst property. But it was low money down and has great bones and rents easily. Refinancing with profits from the sale does several things for me. First my cash flow will increase to just over 500/month. 2nd my dti ratio improves which will help me get financing in the future. Last, my FHA card is available again which helps me continue my pattern purchasing in class A neighborhoods with little cash. Yes I know I could instead take the profit from the sale and buy a beater in a low income area and make significantly more cash flow but that's not my strategy and I want others to know that it's never a bad idea.