You’re in a solid position, but the challenge here is that your equity is tied up in a property that’s cash flow neutral—which means pulling cash out could push it into negative territory if you’re not careful.A HELOC is the most flexible option, even if you’re planning for long-term investments.

my primary investment goal is long term appreciation and wealth accumulation.Looking forward to connecting.Best,Nish  

Yes, @Blake McWilliams is right, you can assume a loan with the 'Assumptions Dept'...but be prepared for a long wait.

The property itself has sentimental value in my family as well, so it will be a long term hold.

I know the tax hit isn’t ideal, but I’m wondering if the long-term cash flow benefits outweigh the opportunity cost.

You will both incur long term capital gains. 

In this guide, we’ll explore high-yield property types and help you decide between long-term and short-term rental strategies to maximize returns.1.

Need to be creative and fuel capital in various ways to put into the long term investments.

I have two long term rental units now (6 years) and just exited a short term rental last year due to a good off market offer.  

An ideal world for me would be to find a salary or hourly full time position with minimum 55k a year in Arizona so I can learn and also make enough to get approved to buy my first property that I later want to rent out and hold long term.