For funding, explore options like FHA loans, personal savings, or creative financing, and focus on New Jersey markets that align with your goals, such as Newark for rentals or commuter towns for house hacking.

I find this option best if you are on a tight time frame and need to save a couple of weeks.  

The first option will give you continuous headaches with a certain likelihood that the behavior may get worse (not paying at all and more damage).

Yes, use of single office space did die off with COVID, but because there was not an option. 

Meanwhile, explore options with other STR PMs. 

Unless maybe you have an option on the purchase of the real estate or something.

Thank you,Jerry Jerry, I recommend getting in touch with an experienced broker who can educate you on all the possible options in the investment space for cash-out refinances.

For some of my homeowners - I provide them with several options 1. 

Gas or electric would be a much better option, safety wise, from a house fire standpoint, CO danger, or danger to children or pets from the open flames. 

Willing to exhaust all options as this is a big fish.