The choice between maintaining liquidity versus reducing debt will largely depend on your priorities and future investment plans.As for subdividing or CPRing the property, there are several advantages.

The wise choice is to hire a professional property manager in that area until you have enough properties to justify moving someone there. 

Congratulations.Tough decision.I think you really have no choice but to sod at least the front.Don't use fake turf, and it isn't cheap anyway. 

Hi Melanie, Regarding updates, it was certainly a poor choice of words on my part.

Leveraging creative financing methods like hard money loans, private lending, or partnering with investors can also help you secure deals when traditional financing is delayed or limited.

Depending on the property's location, it could perform very well as a co-living asset (3x of a traditional rental).

Weigh out the Pro's and Con's between Traditional, Portfolio, and Non/QM like DSCR. 

I did a walk through on the property, and I think in my current market that this is not a reasonable choice for my investment money. 

@Greta Andrews Both real estate investing (REI) and business acquisitions can be profitable, but the choice depends on your goals.

What are the alternative choices if you don't pursue this?