If that's what you're really after I would start with the basics of what kind of bank loans either residential or commercial are available to you - not saying this is the best option, but it's a good place to start.

I'm happy to discuss it further with you (I have appointments this morning, but will be back after lunch) and there are a ton of options now.

I also want to keep the option open for converting to condo down the road and as long as I am in the apartment doing so much work I might as well.

But that will be your decision and at least you have options.

Repurpose the money into a variety of different options.

Gradually scale by researching high-growth markets, partnering with experienced investors, and exploring financing options like SBA loans.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

Lots of options as far as raising nightly rates as other STRs shut down, converting to MTR or LTR or doing an exchange to another state.

Fortunately at my rate they have some cash flow and good appreciation.The rates make it rare that the brrrr is the best option available.  

We're open to various options, like house hack, multi-fam, BRRRR, etc.