If Airbnb is your best option, choose a location with high occupancy rates and optimize pricing with dynamic tools like PriceLabs.

We fully furnished the home through FB marketplace and estate sales- nothing high end by any means, but very retro and mid century. 

If AYPO isn’t engaging, consider switching to AceableAgent or Champions School of Real Estate—both are highly rated in Texas for interactive content and exam prep.

Many of these lenders allowing 2nds behind them are more expensive capital (10's - 13's in our current market [high rates - but now showing signs of coming down]).

Prices are high, regulations favor tenants, and finding deals that truly pencil out can feel like looking for a needle in a haystack.

Then you have companies that originate and having a loan go NP is a semi disaster :)  What I am seeing is some of the NPN folks have had to go into origination as the NPN space inventory shrunk a ton and or pricing was to high to make sense. 

Highly recommend partnering with a local realtor who knows the market. 

Let brokerage grow, tenants pay down mortgage, and save up for another property organically (Cons - slow growth, waisting equity// Pros - low risk)2) Cash out the $300k brokerage account, pay off the townhouse, start cash-flowing $2,400/mo, and save up for new investment or 1031 into multi family(Cons - cap gains tax on cash out, high Oregon income tax penalty, hard to find deals being $2,400 monthly cash flow) // Pros- cash flow, increased leverage into large investment)3) Cash out $300k brokerage and put into separate Multi Fam property, hoping for $2,400/mo+ cash flow, keep townhouse rented as is (Cons - cap gains tax on cash out, not utilizing equity PROs - increase portfolio value, higher upside with value add or rent increase on new units?)

Even if it's a total rehab if the land bank has a property in an area where the arv's are substantially high wouldn't that be a good deal or a promising neighborhood for buy and hold.

Looking for a turn around scanrio is an ego pleaser, makes for a great story if it works, but high risk it will never pan out the way you thought.