I'm also well-versed in creative finance.

I would keep it in a high interest bank account might as well earn as much gain as you can no matter how small it is.However I think some debt pay down would be great not to the point where you are not liquid enough to Jump at another opportunity or can’t make a major repair when it arise.

@Ivan Castanon I am in the Tampa area as well!!!  

(Unless it was a rental, then you have to pay depreciation recapture as well, usually at 25%.) 

I intend to add a closet to the den and make it a 3 bedroom adding value as well as remodel the entire unit.

The property jumped another 100k less than a year after the sell as well as rents went up to support what would have been the new monthly debt if I refinanced and held. 

Bonus depreciation will finally be phased out in the 2027 tax year This is well said

RE is always changing and if you have only one niche then well your limited in opportunities and subject to the conditions that exist at the time for that strategy.  

Well, yes, some properties may require complete work, but others may just need cosmetic things to bring them back on the market.

I'm happy to be a resource as well.