I would recommend fixing it and then determining whether or not to sell based on cash flow and profit after the sale.

Make sure to run the numbers on DSCR, CoC return, and cap rates to ensure profitability.

I don't have much advice as now the profits are gone and it seems like the best thing to do is to get your money out the deal and move on.  

Knowing these boundaries can help you zero in on profitable, compliant locations.Timing is crucial when it comes to approvals.

The plan is to transition into a new home in 2025 or 2026 while converting this property into a long-term rental.

You could structure a profit split or equity share where you handle project execution while they bring the funding.

Now we are in 2025 and although I still own the trucking company, it has been an inconsistent pit that has technically brought me personally no profit.

My banker needs to make a profit from me, he's in business, too.

If I believe I can generate enough profit this year and navigate any potential inspections next year, I’d be comfortable moving forward—using the income earned to cover any necessary upgrades.An alternative exit strategy is to document the financial performance and sell the property as-is, highlighting its strong short-term rental income.Think through your next five moves, from best to worst-case scenarios, and make a decision that aligns with your goals. 

The house was naturally a transitional design with its arched windows, shutters, and white stone.