Be debt free or invest? - What would you do with 160K?

[K F.]

Hello All,

I know this is a very common question, but I'm curious what people will say. We recently sold a duplex that was no longer a good investment and made about 160K off of it. I still have about 50K in student debt and 15K in a car loan. Sometimes I want to just pay off those debts and and invest the rest, and other times I think it's better to just invest all of it and make more money with that money. So I'm wondering, what would you do? We are realtors just starting out and would like to invest in short term and long term rentals. Deals are pretty hard to come by these days, but we're hoping that will change soon before the value of our money decreases with inflation. Thanks for your feedback in advance!