Even at a high cap rate you've got several million dollars of market value here, so I'm curious about your base numbers.

For Non-Admitted carriers, the important item to then pay attention to is the AM Best rating (or equivalent rating agency).

Saul, Phoenix and Vegas are popular markets, but I’m not sure they’ll actually cash flow well with today’s prices and interest rates.

You can then rent at market rate but have to register it with the town annually and abide by their annual inflation rules.

The amount of equity I call pull is less than the cash I have but not significantly less.When doing this analysis it struck me that it may not be worth using a HELOC for the simple fact that the interest rate is ~9%* while the funds in my high yield account are only yielding ~5%*.

Since she was a first time homebuyer we were able to save her 1% off her interest rate!

it also means their interest rates change with the Bank of Canada rate. 

If I can park the 388k ($415-27k) for one year at CD rate of 4.5% and then est 300k (after paying cap gain/depr recap) at 3.0% (assume CD rates lower) that interest income of about 24 months net of ordinary income tax is about the same as my current mortgage.Trying to play devil's advocate and think why selling this year does not make sense. 

Specifically, must this be a commercial/business loan type where you have higher rates and shorter loan life or is there an alternative loan type? 

I'm still trying to get in contact with the park that is near to get their monthly lot rate.