In the Smokies, AirBNB has about 15% of the total rentals; VRBO is king with about 60%; and the remainder is split between other OTAs and Property mgmt companies (many of whom list on OTAs as well).https://www.rented.com/2019-rented-report/https://www.usatoday.com/picture-gallery/travel/destinations/2019/03/27/vacation-rentals-50-best-places-buy-property-2019/3286874002/https://www.forbes.com/sites/ellenparis/2019/03/26/best-places-in-2019-to-own-a-vacation-rental-property/#10525b4b5da1https://www.usatoday.com/story/travel/2018/08/14/these-top-25-markets-buy-vacation-rental-usa/984513002/https://www.vacasa.com/real-estate/buyer/best-places-to-buy-a-vacation-home

Larger parcels are obviously worth more to most non-residential buyers. 

Here in AZ , most of my peers that sold ( I own 2 ) buyer only can do private, commercial loans from your small bank , sba no other options I am aware reason it drives some buyer to buy business but lease the house from prior owner

You would just need to run some numbers for your potential investment opportunities.

C) The worth of investing $30k in sweat equity, considering this is an out-of-state investment.I would appreciate any insights or advice you could give me on this potential investment.Thank you in advance for your input.

What are some of the potential scenarios you are looking at ? 

This afternoon, we let Tenants know that we have a prospective buyer and a Realtor who will view the home in two days at 1:45pm.Tenant sent us a text citing California Civil Code Section 1954 stating they have a right to not let us enter.

Factor these potential costs into your decision-making process.Prevent Future Issues:To avoid similar issues in the future, make sure to thoroughly screen tenants and emphasize the no-smoking policy during the leasing process.

Though, keep in mind that HELOC rates can fluctuate with the market, potentially exposing you to higher interest rates down the line.With a cash-out refinance, you'll typically have a fixed rate, providing stability/predictability in your monthly payments.

Reading between the lines, if they were open to a concept shift, they weren't open to it soon enough to make the pivot before running out of money.So my buyer picks it up for a tad under what the seller paid for it, a few years ago, before the $500k in upgrades.