Try to get a cashout refinance to see what the bank thinks it’s worth and how the business would perform with debt.

Purchase Another Investment Property and Utilize a Cost Segregation Study:When you reinvest in a new investment property, you can perform a cost segregation study to accelerate depreciation.

@Harsh PoshtiThis will be dependent on the area and I would recommend you perform a market study to determine which project would yield better results and if either is even viable.

First, I’ll send my hopes and prayers to the seller that you can perform.

If someone wants to host MTR, STR, whatever, they should start their own management company, not try to use this model where they can make additional money off of an owner if a property performs well.

For DSCR, it's usually slightly higher than the conventional route due to it only looks how well the subject property rental performs + credit vs conventional where it requires credit, income, assets to be reviewed.

Perform a Break-Even Analysis: Determine how long it will take for the savings from the refinance to cover the prepayment penalty and any other refinancing costs.

BUT, please be aware of the followingMissing interest payments on a promissory note is not necessarily the result of a fraud, most often it is simply the results of a poorly performing business.  

From a performance standpoint, I see a big change.

To maximize the tax benefits of STRs, it’s essential to track your time and other people's time spent on the property, avoid staying in the property more than 15 days, and perform a cost segregation study to accelerate depreciation.