I have an incentive of $25,000 for going with the builder-specific lender, and I'm trying to figure out the best way to utilize it.

I am estimating at least $50,000 between furnishing it and updating.How does this look:$1.3 million with 20% down DSCR loan buy-down the rate from 9% to 8% 30 year = $9,332 (principal/interest/tax).Utilities - $750Income - Was thinking $250 per day but let's say $225 per day for each unit (30 days) just looked at AirBNB and AirDNA in area = $13,500 (.20 vacancy) = $10,800.I would manage it, but still need to think of cleaning fees.

From the homes we manage here in Central Florida any benefit of your utility bill is negated by the financing of the panels.

Let me know if you want to talk in details about more strategies to utilize your equity and congrats on this property!

Thank you in advanceDepending on tree type might be able to trade or sell for the workCost for all utilities and street will vary depending on the type of road you will have inverted or crowned. - how many catch basins you will need, hydrants   - etc.Very important you must utilize both sides of the road to maximize your effective cost for the road and utilities when building.

This way, you hold onto an appreciating asset without a heavy upfront cash burden.

But, if you pay utilities, it might make sense to add a bit for the extra water / electricity.Personally, I would use this as an opportunity to tear up that 3 year lease. 

STR Managers do unfortunately require a lot of compensation as STR's are usually a heavy lift for management.

If someone were to slip and fall or otherwise hurt themselves at one of my properties  due to a premises liability issue, the plaintiff's counsel will file a claim against the deed holder regardless of whether I am incorporated in PA as a single member LLC or through an entity structure utilizing LLC's from states that may have better privacy laws, the deed holder entity is layered or any of the other strategies often discussed in these forums. 

However, if you're set on managing it yourself there's plenty of websites and apps you can utilize for rent collection.Some may or may not include messaging for requests such a repairs or maintenance, but if you're looking for rent collection there's quite a few options on the market that are affordable.