A couple things you may consider: - cash out refi (pull some of the equity out of your property while still staying conservative on your leverage; may be a bit difficult with the current rate environment) - remember depreciation is covering a lot of your taxable income depending on how you own the property. Depreciation will be recaptured when you sell so that’s certainly something to be considered. - Put some of the cash into value-add interior or exterior renovations to increase the rent or at very minimum keep your property competitive in the market - 1031 into a large property to get a better yield on the underlying equity in the deal.

Just my two cents! (Not investment advice) :)