Could you go reinvest it in another property to build even more income?

It takes dedicated resources to build out and to do effectively at scale.

If you'd ask this question while still employed I'd say apply the $8500 toward knocking down the debt quicker but since that is not the case I would build up your reserves to about 6 months then begin applying those funds to bring down the debt. 

There are not a ton of triplex or 4 plex properties available but the best one is a 6 unit, 3 building property at 1.9m in Steilacoom.

The unit is within blocks of Harvard University and a billion other universities are within a few miles.

Our logical process:1) Use Neighborhood rankings to narrow down area of city you want to invest in2) Focus on getting to know that Neighborhood(s), so you know the good & bad streets, block-by-block.3) Be patient to acquire properties on good streets that meet your buying criteria.Our rankings are done with a "bell curve" approach.

After many years of listening to BP/Real Estate Podcasts, reading, and building up my finances, I believe there’s no better time than now to finally jump into the real estate world.

It takes time and effort to build up to the point where you’re not relying on a W2 job, but starting now puts you on the right path.If you have any questions about investing or need guidance as you get started, don’t hesitate to reach out.

Buying a large new build home can also work well as a house hack as you can charge a premium rent, and generally most bedrooms built now a days have en suites (at least in my market).  

Condos don't appreciate at the same rate as single family homes, and you are always a newly elected board away from STRs getting banned in your building.