If house-hacking is out of the question/you already own a primary at the very least, then that sounds like a pretty solid option/interest rate (although I might be able to beat that...).

Quote from @Matthew Samson: @Corby Goade yep, that sounds like a plan.

Joe is right, it sounds like if you sell, there may not be any capital gains.

Indian Rocks beach which was a huge STR area was completely demolished.  

Sounds like I've got the plan all laid out in front of me. 

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Sounds like strategy call would make most sense to see what your goals are with REI and being an agent to determine if the organization I represent aligns with the direction you are looking to go. 

It sounds like you have a great background for investing as well as assisting other real estate investors in buying suitable real estate. 

Generally the thing that keeps commercial/industrial investors afloat is access to large sums of money to survive a downturn.It sounds more like this property is an outlier in your wheelhouse and portfoliio. 

Remember if a deal sounds too good it probably is.