Has had heavy Air B&B traffic, the only problem is I still live here.

I'd say it's a class B property in a class B neighborhood.

Pick a solid B-Class suburban area.

@ Ryan Fox  I'm looking to either a) Put a truck parking lot on a portion of the land to generate some income or  b) Lease the land to someone else with bright ideas,  Land is zoned industrial.

Specifically looking for multi-family units in b/c neighborhoods. 

Your IRA is effectively pulling cash/equity from property A and using that to finance property B.  

I still try to be very caring towards tenants and flexible but it is as @Chris B. said.

C class property in a B class location).  

Option A - Local BankLTV: 75%Am: 25yrTerm: 5-yr ARM at 4.2% or 7yr ARM at 4.54%Origination Fee: 0.5%Prepay Penalty: $0 (1% of remaining loan if refi’d with another lender)Option B - Private LenderLTV: 80%Am: 30yrTerm: 10yr ARM at 5.25%-5.5%Origination Fee: 1%Prepayment Penalty: $0 (1% of remaining loan if refi’d with another lender)

Learned on items to look for as well for that area)                        B) more than ever want to go the sfh (or duplex way) no more condos like I do in Chicago.