The wise choice is to hire a professional property manager in that area until you have enough properties to justify moving someone there. 

The choice between maintaining liquidity versus reducing debt will largely depend on your priorities and future investment plans.As for subdividing or CPRing the property, there are several advantages.

Congratulations.Tough decision.I think you really have no choice but to sod at least the front.Don't use fake turf, and it isn't cheap anyway. 

I did a walk through on the property, and I think in my current market that this is not a reasonable choice for my investment money. 

@Greta Andrews Both real estate investing (REI) and business acquisitions can be profitable, but the choice depends on your goals.

Also, how much does the borrower’s track record or experience influence your final choice, especially if they've had success with similar projects?

What are the alternative choices if you don't pursue this?

But, it is the choice of the “student”.

This approach not only enhances the potential for financial success but also cultivates a deeper understanding of the real estate landscape, empowering investors to make choices that align with their long-term goals.

While real estate is more passive once stabilized, acquisitions can require more hands-on management.The choice depends on your goals.