By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.

In previous roles, I was responsible for the asset management, capital improvement, repair, and maintenance of an ANG Fighter Base worth over $400M.

It would leave your net worth really skewed into one asset and class of asset. 

The Highway 64 property presented a great opportunity due to its low acquisition cost and potential for substantial value increase.

I do have an LLC with good credit, so I’m wondering:Would it be worth pursuing a business loan to save on HML interest rates and fees?

The margins are tight which increases risk.

Here's my take on the decision:First, let’s look at the pros and cons of paying off your current short-term rental (STR):Paying Off Your STRPros:-You Eliminates your largest fixed expense (the mortgage), which increases your cash flow significantly.

The 401k is a valuable asset but its my thought that I can use this asset to further increase my portfolio by putting that money to better use.

If you assign the contract get proof of funds in advance and make sure they are trust worth.

Its a nice little cheat/loophole on the mortgage side that can help afford a larger home pice and increase your chances of getting a home or other loans.If you have any questions feel free to reach out I am always happy to help and go over the basics.