If you bought under market, put at least $10k in rehab work you may refinance 75% of the new appraised value, (can exceed 100% of the cost spent, however there is a rate adjustment) 

Not sure what you mean by Agent.Many lawyers are not up to speed on licensing issues.

PriceLabs is pretty good at adjusting to our season, but I believe it works even better when you adjust pricing and minimum stays, especially when it comes to mid-season months, very high, or very low season.3.

@Shawn Parsh- start with comparing  what a monthly rent on a LTR  for a  property likes  yours  compares  to  30 days of  a similar  property  STR  for a property like yours ....make  adjustments for vacancy  expectations and  expenses and compare

Vice versa, if you are just starting out, you might want to be more conservative to tackle any unexpected expenses that arise.The 70% rule is an industry standard, but that doesn't mean you can't adjust it based on your desired ROI.

I owe $40K on the loan & it has a high adjustable rate of 10.5% & rising ( started out at 8%).What I'm wondering is if I should sell or keep the property.

Contact the hotel directly to inquire about adjusting the reservation to include an additional guest.

@Sabrina Sanchez talked about the speed of returns, faster for flips but longer for rentals. 

When offering a seller options you are selling speed vs convenience, do they want to move on fast?

I think not.But a golf cart with less safety features, uncapable of traveling speed limits on roads, no doors, children often traveling without car seats or boosters (that people spend hundreds of dollars on to keep their kids safe in the car), kids/teens/drunks driving illegally, etc.It's providing a vehicle for use, even if it is a "golf cart."