How to be Setup for Life ?

[GeorgeF]

As your investments are concentrated in one local real estate market you should make sure it is not dependent on a single employer, and that there are no plans to allow developers to overbuild the market.

As to the loans

I would suggest that you borrow more on the rental, I think 60%-80% of value. The only reason own rental properties is that the rate or return on property is much higher than that of the loan. If that is not the case sell the rental.

The loan on the house does not seem out of line.