Pay off student loans?

[Drew Mylenbusch]

I have been torn which direction to go in regards to what to do with my money. Here is my scenario, do I pay off my wife and myself's student loans (50k @ 6-7%) or do I use that money and buy another rental for around 160-170 new construction that rents for $1450 cash flowing 400-500? 

[Brandon Cravens]

Originally posted by @Drew Mylenbusch:

I have been torn which direction to go in regards to what to do with my money. Here is my scenario, do I pay off my wife and myself's student loans (50k @ 6-7%) or do I use that money and buy another rental for around 160-170 new construction that rents for $1450 cash flowing 400-500? 

 I would go after the investment. Definitely would look for a better deal than 160-170 new construction renting for $1450.