The bank will make you leave 25% equity in the property - but you also still want the property to at least cash flow some - so be careful how much equity you pull out / new debt you take on.I would do a cost benefit analysis of what your actual gain is in cash-flow on buying a new property with a (currently) higher interest rate (if financing), versus just holding on to the current appreciated property and enjoying that cash flow.All the best!

Most of the time i got cursed out and hung up on, but it didn't bother me one bit, and i actually enjoyed the grind.

I enjoy tenants turnover ever few years for the reason fair market rents tend to increase significantly year over year. 

If I pay it off, I could maximize cash flow earlier, reducing financial stress and allowing me to focus on other ventures or simply enjoy life more.On the other hand, I know some people advocate for keeping cheap debt and using the extra cash to invest elsewhere for potentially higher returns.Why I’m leaning toward paying it off:Security: No debt = peace of mind.Financial freedom earlier: A fully paid-off rental would give me a significant monthly cash flow?

Newton's law of tax: What goes down must come up.Everyone enjoys the sweet benefits of bonus depreciation, but what happens when you sell?

That way guests can enjoy it year round even when it's not cold.

I've interviewed him twice on my podcast (once with @Chris Seveney and once on my current show), and I thoroughly enjoyed those conversationss. 

You will enjoy the serenity of rural living, complete with a large cleared backyard perfect for homesteading, gardening, or recreation.

We have two young boys who also enjoy Japan and hoping we can all begin to learn the language and possibly enroll them into an International School during the summers.

Take the proceeds and invest in a highly trusted Syndication or fund and enjoy the passive income.