Oxford house has policies and procedures with 10pm curfew, mandatory AA/NA meeting attendance, job/school attendance, daily house chores so the house should be the cleanest and quietest on the block. 

I would do 5% (ish) increases year over year until I got to the desired rate. 

What is the vacancy rate?

But once its sold, its certainly not making you any more money.You'll get a more favorable rate by doing a reduced leverage refinance, but almost every lender will put some kind of a prepayment penalty on there (usually ranging 3-5 years), so you won't be able to really "pull" from the equity consistently without incurring some financial implications, so it really does depend on what you are looking to do next.

First Heloc rates are double of what mortgage rates with an average of 9.50% up to 15%.

Despite higher interest rates for the mortgage (7.625%) and the HELOC (9.5%), we are still positive cash flow.

My thought was to rent it as a mid term rental on Airbnb and vrbo etc because it’s in a desirable residential neighborhood walkable to schools and shopping. 

REITS that have lots of floating rate debt may be at risk of severe defaults in the near future. 

Specifically, do you look at comps on the market or try to find what value would be based on the cap rate? 

I clicked on the link and their starting interest rate is 11.1%.