<prompt> Human: Our situation in a nutshell...1. we are retired2. we own rental property3. we barely break even every month, usually not4. have about 100k leftSome of the rentals have a note on them, one of them is a loss. There is land that I have listed to sell but no takers yet. Wife wants to take the 100k and completely remodel our main house and rent it for about 3-3500 a month. It is in a very nice, affluent area but due to her neglect before I met her termites have done a number on it, including eating the furniture. There is about 100k in her credit card debt and I feel we should use the last 100k to pay off those bills and close those accounts. We pay about 5000 a month in credit card bills so there would be a profit for us every month if those were gone. EDIT thanks for the replies, stepping out for a bit but will respond when I get back  <response>: 1.we are retiredCould you clarify what this means? How old are you? If youre under 80, getting some sort of job is probably you best bet. 