While you don't get the tax advantages, finding a a cash-flow property to boost your retirement is a popular strategy and I have not heard anyone say anything negative about it.

You have good credit and some funds for a down payment, but you sound like you could use a boost to your income... so finding a multifamily property that allows your tenants to cover your living costs (and maybe a little more) would be great.

I should be OK on cashflow for a little while which I should should create a short term boost having someone lucked out a few investments. 

I will invest in re-developing US markets and cities that are on pace to see a boost in their economies.

This will give me an SEO boost right around the time people are booking for the holidays. 

if I can get other properties here in New York to boost my investments, selling it would not be a second thought.

Thanks for the tips and confident boost!

And yes after reading all of that, this deal would have been great had it been a couple years down the line.Turns out others wanted this property and it boosted the purchase price and reduced my ownership interest.

It could create a very desirable product for a specific buyer that will give you a nice price boost or it could turn off some buyers who see it as a waste of backyard space.

You'll reduce leverage, boost cash flow (by not as much) and acquire another property.