Here’s my recommendation to get it under control: For a quick fix, start by sealing up any gaps using acoustic caulk around outlets, baseboards, or other small openings.

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Sounds like you've got a good start with one STR.

My thoughts were that this would be a short-term solution.However, the more I think about it, I’m starting to lean toward a cash-out refinance over 25 years, with a minimum payment structure.

Often times you will pay much more in taxes than if you pulled the money out, paid the taxes and penalty and then started investing in real estate.For example, with the financing you mentioned, the IRA must pay taxes on the portion of the profit earned by financing. 

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I never took action and started doing deals.

Lee Arnold has helped a lot of people start or scale their real estate business.

Or should I stick to my original strategy and maybe even start looking to refinance soon?

Networking with the professionals in your market will start to open doors and opportunities to collaborate will arise!