Its a small investment to try both as one deal pays for them for a good amount of time

Pay Down the Loan Faster:I’m considering applying $40,000 annually to the loan principal.

If they are low balls then usually you are asking someone to work for free as the fix and flip landscape is competitive for a low pay out.

Unless you find a buyer with a very specific criteria who is willing to pay above the typical 70% - repairs.

Within a few years, I was able to pay back every penny I owed my family.

At $800/month, that would barely pay for the rehab costs (using BP's 1% rule). 

Don’t want to pay taxes on the capital gain.

If they want to pay $1,300/mo as is, saving you the Reno cost.

I try to pay off all loans as fast as possible because I feel like money wasted on interest is overlooked sometimes as people only focus on the amount of money coming in rather than the amount saved.As of today, I'm just focusing on establishing the best systems to analyze the markets, find properties, get financing, make wise renovations, and manage my rental properties.

The price you pay for being part of the Disney World spoon-feed of guests is that the barrier to entry for profitable STRs (ones that leverage close to or max LTV) is very, very high.