Brandon, look at what you said relative to what I said.If there's a fire, don't call me... call the Fire Department.If there's a burglary, don't call me... call the Police Department.Hot Water Heater Burst or Pipe Explodes, don't call me... call the 24 hr plumber.Yes, I'm sure there will be plenty of work I need to do in the aftermath of any of those events.

Black poet, Langston Hughes, asked what happens to a dream deferred, does it sputter like a raisin in the sun, or does it explode?

It's exploding around here.

Rents are exploding. 

And in this exploding foreclosure market, if you have the know how and the money, there is a lot of money to be made.

On top of that, you are looking at an exploding supply here, and young renters who are okay sharing a house/ househacking.

Secondly you may have to wait 10-20 years before it explodes and in the mean time you have to deal with that demographic tenant until the area does turn around.

This strategy is especially great considering that tourism is exploding in Colombia and we're probably only at the beginning of this trend. 

Space Coast is exploding right now. 

Finding an investment that pays you a risk free 6.5% rate of return is going to be awfully hard.So for me in your situation it would be a no brainer to pay the house off, especially since you’ll have rainy day funds left over as well.Then I would get a home equity line of credit so you have a flexible credit facility to pull on when you find opportunities.I used my HELOC to explode my real estate portfolio where I’d buy small multifamily, fix them up, rent them and refinance and pay the line back down to zero.