Payoff loan balance, refinance or do nothing?

[Jeffrey Fleigel]

I have a rental property in another state. I have excellent long term renters that pay 1000 per month. I pay biweekly and more than loan principle at 1200. The loan is FHA at 5.875. I know I have net negative cash flow but was looking at things like “someone is paying off the bulk of my mortgage.” payoff date wIth extra Is dec 1 2025. payoff datw with no added prIncIple Is dec 1 2027. Should I: 1. Decrease payments to a minimum which decreases monthly bleed? 2. Refinance and if so recommended time? 3. Payoff off loan with cash Thank you for the advice Jeff