I am also a member/subscriber of Vodessey, Short Sale Prophets Basic, and several others. 

There is no seasoning requirement involved since the property isn't a short sale and it isn't someone buying REO from a bank with a seasoning requirement.

I think there's a path to refinance that would flip me into positive cash flow, but I'm coming up short on ideas. 

Of the many strategies I've looked into, House-hacking and short-term rentals piqued my interests. 

If a landlord plans to hold the property for a while, we always recommend an annual lease, ending to align with the summer leading lesson, or staggered with their other leases depending on the situation.  

Ultimately, the decision should align with your long-term and short-term goals.

20% is about average for a short term rental as far as management fees go.

Conveniently located in Bryan TX, within walking distance to A&M Bus stop and a short 5 minutes drive to College Station, home to the largest university in the state, Texas A&M.

Give me a shout if you have questions, but here's the short of it.Best financing is going to be from a bank or a conventional construction loan.

If it's worth that much, taking a HELOC on it should not be an issue at all long-term or short-term as long as the bank will do it.