No. of Recommendations: 0
So, your assets are $200,000 in real estate (one of which provides you with an income, the other of which saves you from having to pay rent to someone else) which you have to pay to maintain, plus your 401(k) balance, which you didn't specify.
Your debts are $98,000 in secured loans and $3200 in unsecured loans. If you needed cash, you would have to borrow from the credit cards, or dip into your home equity.

Does your 401(k) allow loans? Just trying to cover all possibilities.

Since you are still in debt, I think you need to have some low-risk allocation--money market, short-term bond, guaranteed -- among your assets, to stabilize things a bit. Once your E-fund is up to a good size, though, I see little reason to hang onto the "stable" stuff.
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