I am wondering if I used some of the money I received from the sell to pay off my debt if that would be financially wise vs using it towards the purchase of my next place?

@Ben BergHere is the process of renting a property with a roommate, focusing on cash flow, financial arrangements, and renovations.

I have hired another company to handle all other aspects of my financial needs.

utilize the services of a top notch, experienced, track record verified mortgage broker to locate your best fit mortgage loan.  

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Depending on your financial status and the health of the LLC and investment it holds they may require a personal guarantee, which would also be you signing as your legal name.

It's going to take a little while to get there financially. 

Engage with property managers for insights on rents, expenses, or off-market opportunities, and request financial documents like rent rolls and profit/loss statements from sellers’ agents as part of due diligence.

Holding is doable but it depends on your financial position, with a refi you'll have costs to do that and your numbers would be different.

I may have another year to be influential and I'm trying to set a financial successful path that will create wealth, residual income, suport philanthropy ideas, community help and know when she goes off and have a family of her own, she will be ok.