With that said, I've done some research on the market and found the following information helpful in my considerations for Phoenix that you might find helpful as well:  Demand for both buying and renting property remains high due to the city's strong economy and growing population. 

Now, I’m rebuilding my portfolio while continuing to help others buy and sell homes.

If you use the extra $100k of cash you receive to just...live on, buy a jetski, take a trip to Disney, (any personal use) the interest for that portion of the loan will not be deductible. 

One thing you might do is sell your more expensive properties and buy less expensive ones. 

He can't 'buy her out' as he does not have that much cash liquid.

What type of property do you plan to purchase(Single, multi, commercial, etc) and where do you plan to buy it?

@John Lasheri agree with you, you'd be surprised at how many people listen to Grant Cardone though, and decide that they're going to go buy a 100 unit with 'OPM' as their first deal and quit their job.i think buying something of that size with a few partners is a perfectly good goal. 

Quote from @Mindy Nicol: Investment Info:Small multi-family (2-4 units) buy & hold investment in St Augustine.

Investment Info:Single-family residence buy & hold investment in Riverdale.

I am glad you highlighted the management piece as this is a crucial part of buying in another market.Excited that you are stabilized and are generating cash flow on that deal.