. ;-)  While I wait for delayed communication from them, I am looking for alternate management in the Canton area. 

Because your alternative is zero income.

If this isn't an attractive alternative to your business partner then you might consider changing the ownership structure or operating agreement as one of your options.

I'm not sure how fast you want to scale, but I see that as a feasible alternative if you don't want to go through the process of either BRRRing or the fix and flip. 

These self employed 2nd mtg's are typically based on alternative method of caluclation like profit and loss statements if you're self employed or the last 12 months of bank statement deposits using a formula to derive an income from these deposits (like 50% of all annual rolling 12 calendar month deposits X 50% /12 months = monthly income).

Is Guesty or Lodgify a good alternative? 

I also recommend you discuss this with your tax advisor.There are many other alternative asset classes to invest SDIRA funds into. 

The strategy involves using the HELOC for a flip to generate fast cash, reinvesting profits into long-term rentals, or exploring alternative ventures like short-term rentals or partnerships.

Alternatively, consider a cash-out refinance to access equity without triggering capital gains or explore a 1031 exchange to defer taxes by purchasing another investment property.This post does not create a CPA-Client relationship.

@Matt Huber I think you know your answer already Direct real estate ownership should compensate you appropriately why else be in the alternative space.