I believe due to my citizenship, I could potentially get a hotel license (?)

This would be a non arms length prohibited transaction and would potentially result in the entire IRA being distributed is my understanding...the only way this could be possible is if the OP is or becomes retirement age in the next two years.

You can consider buying rental properties for steady income and potential appreciation, do house flipping for quick profits or explore REITs for a more hands-off approach.

The area seems it may be on the cheaper side of the close surrounding areas while at the same time holding the potential of having good cash flow.

Network with other professionals for insights and potential deals.

Doing a refi now would move me from a 4.5% interest rate to somewhere in the high 7% to 8% range, so I am thinking of potentially selling.

-Researching Market Trends: Analyzing current market trends and identifying potential areas for investment.a.

@Edward JordanI recommend a consultation with real estate tax accountant to discuss your options and potential tax implications. 

Requiring an application before showing the property may deter potential tenants, particularly given the prevalence of scams in today's rental market.

Work on your numbers - be sure to calculate potential cash flow and ROI.