Refinance offers a lower rate, longer term and a lower payment.

Or I can make it a gravel lot, put up a fence, and call it boat and rv storage.

@Phil SheltonYou would need a civil engineer to provide a drawing to get submitted to zoning and get a permit if it passes zoning is most common This also depends on the road - if it’s a state road forget it as it will take a year to get approved and cost a fortune - if it’s a local road process not as cumbersome but don’t expect this to happen quicklyIn some instances you may have to prepare sight distances etc to make sure it’s safe to add a curb cut

do you have a team in place?

The date you are able to take depreciation is when the property is ready for renting (i.e. advertising for rent or obtaining a certificate of occupancy).

What do you want to be , a house flipper , or a landlord ?   

A HELOC is certainly an option if you could pay it off rather quickly or else you'll end up paying a whole lot in interest layer one. 

If you don't get a booking (views go up and down everyday) lower your nightly price a bit more. 

A very encouraging post!

You want a hustler, not a top performer, if you want check-ins.