You just want to make sure your paperwork is solid. we went with a company that specializes in writing them called creative tc. https://creativetc.io/

What I decided to do was work in what I was interested in and it led me to be an experienced real estate agent specializing in wholesaling off market properties in PA region specifically Philadelphia and surrounding areas such as Montgo, Delco etc.

There should be some financial advisors or real estate attorneys on here around your area who specializes in hospitality ventures and might provide valuable insights tailored to your situation.

We specialize in auction properties all over Ohio but specifically in cuyahoga county.

Send me a PM - our business specializes in designing flips and STRs across the US!

BUT do you think just because something is gifted to you will you be more motivated to let it go below market value?

Residential conversions are costly, so working with an experienced architect and contractor specializing in adaptive reuse is critical.

Your choice should align with whether your goal is quick resale or long-term rental income, and you should consult lenders who specialize in both DSCR and rehab-friendly options.Best regards, Stevan

I would recommend matching old reservation rates and offering free gifts to secure good reviews and booking momentum. 

@Jerry Chilimidos,Here is a list of lenders who specialize in lending to IRAs and 401Ks:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...I don't know where your rentals are located and how they are performing but selling might be an option vs doing cash-out refi.I would certainly consider option C.