I don't think MTR is advised.

Readers are advised to seek professional advice.

Money you can collect cash flow from for years to come.I looked at financial adviser's who promised 30-40K per year return on the cash after taxes. 

Any help or advise is greatly appreciated, Thanks

The last time I spoke with the lender, they advised they have closed the account and will only accept a settlement offer.

What would you advise I do you have for me on this topic?

Please advise on legal counsel and your strategy to get paid

Consulting with a contractor or local building official is advisable to navigate compliance with safety requirements while optimizing your renovation project effectively

So that's another area that they will need to advise you on.  

I am concerned about the implications of transferring the property into an LLC, especially since I have a favorable mortgage rate that I would prefer not to jeopardize.Would it be advisable to establish an LLC, obtain a PO Box, and open a business account without transferring my current property to the LLC?