Another option is to explore private lenders or HELOCs to cover the equity.

@David Rodriguez  The only thing I would add is a two bed might do better as a two bed rather than 1 plus office.

Would a property with 4 bed or 5 bedroom would have a better cash flow ? 

Make sure any lease agreement you use complies with Arizona's landlord-tenant laws, including required disclosures (like bed bug information, for example).If you're unsure, consulting with a local real estate attorney to review the agreement can provide peace of mind and ensure you're fully protected.

Fix it.We eliminate as much landscaping as possible: we take out flower beds and most decorative features, ideally, lawn mowing is the only job tenants have to do, because we know that's all we can expect from most.

I own one half, 3 bed 3 bath, and I’m currently living in and renovating it with plans to rent down the line.

It's 3 bed 2 full bath and 1,300 sqft.

This is because they're much more expensive than other countries in the region and, unlike in some other countries in the region Costa Rica doesn't have the mass tourism needed to get you the rental income that would justify those prices.This being said, it shouldn't be hard for you to break even though since all you'd need to do for that is cover your costs.

3 bed 2 bath. its a pretty big space.

Both units are spacious 2 bed - 1 bath units.