How will you be sure each of you are pulling your weight in "time".

Given your focus on maintaining rental properties, your journey will be one of patience and gradual progress toward your long term objective.

@Brandon Patrick - I agree with most of the sentiment here; If your current STRs are not pulling their weight because vacancies I would analyze longer term rentals or selling them outright to pivot your capital catered to another property type and strategy. 

Or maybe the HVAC company hold no weight?

That’s the way to hedge your bets and gradually overcome your fears

My point is that each owner/investor needs to weight in work vs profit, is it worth it?

I paid $850 for contracts + an attorney consultation (these guys are worth their weight in gold!)

So would for sure use UBER caution the gap funding in CA is big dollars behind HUGE dollars so unless you have the wherewithal to step in and pay off the first .. you risk a complete wipe out.. so weight all that.

I’d love to hear you weight on the pros and cons given the circumstances.Our tenant is still catching up on 2022 rent.

So weight all of your options, don't stress over it, keep everyone happy and keep it moving.