You have a far better chance trying to sell to an individual than targeting hedge funds.

You can often get better rates with a national lender, but the customer service is non-existent, communication probably sucks, they may ask for the same documents multiple times, etc.

Where are most of the better STR returns in Central OR right now?

Define "better."

The importance of grasping real estate principles, finance, and law cannot be overstated but often are ignored because someone spent a weekend at a seminar.

This gives you a better opportunity to do STR or MTR and not bother yourself or the LTR tenant with more people coming in an out.3.

The more rational you are, the better the outcome.Practice and LearnLike any skill, negotiation improves with practice.

I've been doing some light reading, and it sounds like refinancing that property and using the proceeds to reinvest elsewhere might be a better option. 

Implement documented repeatable processes to reduce errors and improve service levels.By being efficient, and cutting some of your costs you can hire better talent with the leftover cash. 

the more inconvenience you are willing to put up with now - the better off you will be long term.