Having extra cash flow would help alleviate expenses and bring more peace of mind.  

Also, they alleviate the problem of creating another entity, which has some paperwork implications.

Some of those labor costs can be alleviated by transferring labor to a remote location.

You're either going to make them more money or alleviate headaches and save them time.

Or, putting it towards a contingency fund for our family (below)...We are expecting our first child in September, and as much as I'd love to have the extra cash on hand in case our primary residence or rentals have any emergency issues that need swiftly handled to alleviate stress while on new dad duty, I don't want to rush into the DSCR cash out and end up not using the funds before next spring anyway.

Becoming an active participant in a short term rental really wouldn't require any significant changes in lifestyle, I'm doing it right now without the use of a property manager which would alleviate even more of any hassle. 

We immediately renovated the tenant side to alleviate surprises and ongoing maintenance issues.

Myles,a DSCR loan could alleviate a lot of your burdens (no income verification) if you are maxed on dti or have a unique income situation.

I don't think investors understand that in many foreclosure situations they are going to lose interest for sure and principal ( very common). the thought that 20 or 25% equity is enough coverage to alleviate a loss does not play out very often in a foreclosure situation.

Proper structure, preparation and knowledge will alleviate 75% of the concerns.