or any kind of product that will help me tap into the equity of my lot. 

That was very helpful. 

We advertised it as a "bonus room/ office" and I think that helped attract the right applicants (they were not expecting a 3 bedroom apartment and then arriving to find out it was only 2 beds with an awkward bonus room).  

My Vrbo account manager also said offering a 10% weekly discount helps.

Helps establish authority and trust in highly competitive markets. 2.

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

Investors like security, so the more clarity you can provide, the better.If you need help with structuring the deal or reviewing terms, feel free to reach out.

Within 12-18 months you should see a positive return helping you get back to the $1500 cash flow you're used to. 

I'll hit two things real quick and hopefully they help.

It really depends on what goals you are trying to accomplish and the type of housing you are looking.My partner and I have our own construction companies that we work together and we've been helping clients to renovate to either flip or rentals.