Without knowing the appreciation in the area you bought, that part is hard to answer, but just given your numbers I would definitely sell.

You just can't change the terms on someone that has already applied.Lower your prices, not your standards.I'm concerned that you want to lower your credit score requirement because that opens you to more risk.

Your lease is with them and they enforce the house rules.  

Lastly as an illegal unit it is  huge liability if there was a trip and fall claim, fire etc your insurance may not cover.I recommend renters insurance for whoever lives there is mandatory to add another layer of protection. last option not considered is you living in the bonus unit to have a free place to live with minimal risk 

@Joshua TellesDepends on the interest rate you can get and the equity you have.If your rates on your existing properties are lower than today’s rates then it does not make sense to refinance for higher rate debt.

Hello everyone,A family member of mine owns a short-term rental property in Downtown Miami and is looking to increase both occupancy rates and revenue.

For those impacted, it may mean less money, longer sales processes, and fewer affordable homes available to buyers.Would love to hear your thoughts—do you agree that this bill’s impact might miss the mark?

I’d love to hear about your experiences with the area, both in terms of living and investing.

So if I wanted to build a 10K monthly income I would need to own 30 of these accounting for turnover and vacancies. 

Think about your goals and why you're investing.