Another interesting option, but you will need to speak to the right professionals, is IF there is decent equity, you could do a cash out refi against the property and pay another property "cash" to offset the income to cover the new rental and this one.

Still learning, no big challenges yet Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Make sure the loan is professionally prepared.

I am currently open to connecting with anyone who may have any advice on how I can start and where to find good resources for my journey. 

Would like any local advice and recommendations I can get!

It may be beneficial to consult with a real estate professional or financial advisor to help weigh the pros and cons of each option and make an informed decision.

It would also depend on other factors - such as whether you have a carrying cost (hard money loan) and whether there are next projects that you foresee to close.I appreciate the advice.

Does anyone have any helpful tips or advice as I go through the process?

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

I'm a software developer and very good with a spreadsheet and all, but I'm wondering if I could secure an experienced lender who not only can lend, but also provide advice on a deal like this from having financed similar situations before.Pointers to financial calculators for such an endevour and hotel/motel renovation-style lenders & contacts appreciated.Thanks,Matthew