Thanks in advance for your responses. 

Thank you all for the good responses which are helpful.

Thank you so much for your detailed responses! 

Agree with @Erik Estrada - its going to be a little small for a lot of hard money lenders but could still definitely work, especially if you have that solid track record.

Bill, I just saw your great response about 1031 exchange.

Or is it better to use a professional texting service to potentially avoid legal responsibilities? 

Jason Boston at the Bryson City Farm Bureau office has handled our portfolio of STR/LTR and some of our commercial insurance in Bryson for years and is very responsive and knowledgeable.

I have solid team in place for now but I am dreading having to find other reliable cleaners as we expand. 

If you come across this situation make sure to talk to local attorney so that you understand your responsibilities in your location.

If you have the other expenses, such as the property taxes, water and sewer bills, heating bills if the landlord is responsible for those, electric bills if there is a landlord account, and any other bills you as the landlord would be responsible for monthly you can total them up and see if they will be more or less than the $900/month rent your apartment will generate once you eventually move out of it.