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?

For family life, there are great communities with good schools and a lot of kid-friendly activities.

@Devin James The 1 habit that changed my life is I started prioritizing wants vs needs. 

You are a high w2 earner, The house is worth 110k today, you are buying from your grandma for 60k in exchange for free rent for life, upside ARV of 200k.The costs of owning the house will help provide tax relief on your high w2 earnings, you are buying a great chunk of equity that will pay off in the future, and you and your grandma are doing each other solids. 

I really want to just relax and have a happy life and hope for the best.

These policies also cover you in all other areas of life like car accidents as well.

Would you mind telling us what you spend per month on life? 

Sometimes life happens faster than you think (weddings, job changes, market shifts), so it helps to know your break even point in case you need to move on sooner rather than later.

You don't need to be larger than life, driving flashy cars, or using your looks to make a sale.

Makes life way easier as tenants can't go complaining to you about it as its their own responsibility.