But my limits are 24 in one personal and 22 in the business (who just got approved on Friday) appreciate your feedback sir 

Scenario 1 = It looks like you have $950,000 cash to pay off the mortgage balance off.You are getting $70,000 additional cash-flow$70,000 / $950,000 = 7.3% which is not bad considering this is just cash-flow and you likely get an additional 4% appreciation bringing your total return to around 11%The thing to consider is that you would then lose the mortgage interest deduction.Without that deduction, it may put you into taxable income territory.You may want to consider seller financing some of the properties and see if you can get 8% to 10% interest.it would guarantee you a return and still get you nice interest over a period of time.As I get older, I want my investments to be more 'simpler'

I appreciate your response. 

Typical rule of thumb is: higher cashflow properties are typically less likely to greatly appreciate as compared to markets with higher demand.

This is after rent appreciation, as well as selling 5 doors and taking some great profits from market appreciation and paying off other properties to lower our debt - which significantly boosted our cash flow.   

I know that might sound ludicrous, but the rapid appreciation in housing prices and interest rates has created some very interesting rent vs. own dynamics, especially in the Bay Area. 

I appreciate it.  

So if you have $250k in equity, I would be using $50k total max and buy something small that has appreciation potential and cash flow.

If anyone could shed some light or give me a resource to learn from it would be much appreciated.  

I really appreciate you us giving a heads up here and am sorry for what you went through with them.