This is why as @Shawn Mcenteer to be on the safe side to give a full additional months notice to avoid any disputes is great.Eviction laws are strictly enforced - so better to not play loose.

This would be nice but I would loose the property, the low interest rate, the buy in to this community and, most of all, the tie to the house.  

You are required to calculate depreciation.If your net rental income is negative and your income is above $150,000 and the property is classified as passive, the excess loss will be carried forward to the following tax year.

So with that knowledge in hand, it should be easy to see how fast one can loose there shirt if problems start stacking up.

Are there any other solutions to removing the exemption without being forced into excessive development of the ground?

You start loosing some guests to them and then your revenue dips.

If you can throw some of the excess income from the high season months at paying down your balances and lowering your credit usage you will very likely raise your credit score.  3) With a higher credit score and lower balance you could probably consolidate the credit card debt into a lower interest personal loan.  4) You need to analyze your listing and your pricing to make sure that you get more off season bookings. 

., tax lien) is sold at auction, are charged 18% per annum.197.432    Sale of tax certificates for unpaid taxes.(6) Each certificate shall be awarded to the person who will pay the taxes, interest, costs, and charges and will demand the lowest rate of interest, not in excess of the maximum rate of interest allowed by this chapter. [...]Translation: Florida is a bid-down interest rate state. 

But, my CPA says that because my AGI is >$100,000, I am not able to deduct rental looses that exceed my rental income. 

If they loose it it costs $20 to get a new one.