It could give you peace of mind as you focus on your family and move to your new home, without the additional stress of managing a second property from afar.Best of luck with your decision! 

Additionally, you could explore options like a short sale or deed in lieu of foreclosure.

@Joe Michaels, What a lot of investors will do is to use the 1031 exchange as @Michael Plaks said, isto actually "acquire" additional depreciable basis. 

Additionally, you get amazing appreciation potential due to how much population, job growth, and companies are moving/developing there!

As a backup plan, if I have to go with a local PM company that only leases the entire home, could I use an addendum to add additional tenants to the existing lease while ensuring everything is legally structured?

Are there additional steps you take when screening applicants, or do you take fewer steps?

There will also be closing costs to refinancing into DSCR.Lenders need 6 months to refinance a loan, anything sooner, you're probably paying a good amount of points / DSCR has to be rock solid.There also may be additional costs in maintaining your property.

It is probably too complicated to exactly calculate the additional cost.

Hold additional % into your CapEx! 

Unless you suddenly become a stellar STR Host and property (requiring additional spending), why not sell and make some better financial decisions....