I would consult with a tax professional for this advice.

Prior to purchasing the beach house my credit rating was 720 and of course after buying the house and running up credit card debt my credit is now below 600, which is preventing me from refinancing the house.  

We actually have the option to STR on a few of our properties and decline to do so because we make more money than an LTR on our medium-term rental with a lot less work than an STR.The pros to medium-term rentals: high occupancy rate, no local regulation issues if you are 30+ days, elevated rents, more and more people are staying longer, often the midterm rental tenant pool is professional. 

.’” — Robert Dietz, NAHB’s Chief EconomistFrom Kristen: Fingers crossed that the Fed will 'reverse course' in either March or April, and give us a 'gift' of lowered interest rates to help fuel the spring real estate market!

Rental income if you are not a real estate professional is considered passive income, even with the repair efforts you are doing.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I also listen to Mike Zuber author of one rental at a time talk about learning your market which is a course he has that includes a spreadsheet that tracks sales so you know what's a good/great deal in the area of the investment. 

I'll also ask, do you know if your property will your cash flow once you factor in professional management (20-25%)?

@Timothy Douglas are you an investor or licensed professional?

Question, If you are catering to travel nurses and medical professionals, do you get better occupancy and ROI, with a studio, 1bedroom or 2 bedroom?