When the market turned they had no hope. 

Also, Days On Market (DOM) are up across the USA.

Please share your thoughts or experiences... 

Before you start focusing on the team members, I would figure out what Out of State Market you're going to target.

Plain and simple, there are just better markets for cash flow with less archaic tax structures and market swings. 

I have attempted to put it on the market for sale, but there hasn't been much interest.

“Persistently stronger home price gains this spring continue in markets where inventory is well below pre-pandemic levels, such as those in the Northeast.

ARV : $250,000Monthly gross rental income: $4600Monthly mortgage payment: $1100Property description: completely vacant 4 family (three 3 bedroom, one 2 bedroom apartments) in a competitive rental market with housing shortage (large pool of candidates) 7000 sq ft property with massive units, roof was torn off and redone, newer hot water heaters, furnaces, electrical, plumbing.

With MTR there are places where you can market to traveling nurses and medical professionals who are looking for something furnished for 1-6 months.

The interest paid on a HELOC may be deductible if you used the funds to "buy, build, or substantially improve" the first home.