Is it better to sell, pay off mortgage and capital gains and take the cash to invest in another property or is it better to refi/ETO and take the cash to invest in another property?

I used $80k to pay off personal debts and $50k to remodel it by myself with my two hands.

Now, you need to figure out how to find deals and pay for them.

To be clear, you are not paying off the 80K mortgage.

HCV in the area pays $2,200.

I pay $875 (including principal, interest, taxes, and insurance) and rent it out for $1,625.

A deal is a deal, but it helps if you have someone in mind when you contract it. 

@Juan PerezCongratulations on paying off your first home and transitioning it into an investment property!

Are we required to pay FICA tax on the deferred income? 

As I'm looking over their explanation I notice that I am being charged 8% of the rent received from CMHA. 8% from the rent the tenant pays and another 8% of the water bill which the tenant pays.