@Naomi MooreI have a supply of ultra-rare beans with supernatural properties.

Plus we new the property they bought, I had bought and rehabbed the Mansion next to it in 2004..

Part of this is that someone told the PO that she should use the ultra low resistance HVAC filters as long as they're replaced monthly, which meant that there was dust build up on weird places.

I would go with the luxury vinyl plank flooring that looks like distressed wood flooring. 

We updated the carpets upstairs 4 yrs ago & recently upgraded main level floors to luxury vinyl plank, new kitchen cabinets & counters.

AirDNA shows 82% average occupancy for listings in this category this year, average per night ~$575 and most are not as luxurious as this particular home and I suspect that with some excellent marketing we could do $650 or more (but would want to be conservative in our initial calculations).

If you are ultra conservative, just do the cashout on your primary to pay off the other loans, but doing a cashout on primary and portfolio loan on the investments could give you a ton of capital to keep acquiring assets, even if you only do a rate and term on the portfolio loan.

What luxury spending could they cut to ensure rent on time.

I'm thinking you could do it if you were to lease the extra beds in your primary, plus your existing rental, plus a 600-700k luxury airbnb (10% down second home loan), plus an additional luxury airbnb purchased with conventional financing (20% down) and using the same operating systems as the first purchase.

Normally, no one builds a mansion in a blighted area.