Are there other creative options I haven’t considered?

The best option would likely be a construction loan, which can cover both the purchase of the land and the build.

Quote from @William Weston: I'm Christian and believe everything in my life is actually God's property, entrusted to me to watch over.

or options 3, 4 and 5 don't supply washer and dryers and either the tenant provides their own, rent appliances or goes to community laundramat.

I’m considering doing a cash-out refinance, not sure what the best options is , to use the rental property or the rehab property.

MetLife was actually even more affordable in VT.

Actually we have divested 4 of our 8 Self storage locations to get into a better LTV position versus my view of the economic world.  

Let's say you split the cost of furniture over a 12 month period amortization rate.Furniture costs: $583Rent $1500Utilities $150Total Cost = $2233After vacancy costs, your monthly rental revenue is actually only $2240 Formula for vacancy (2800*12)*.80You're not making money. 

I'm still waiting for luck;-) Actually, when I work Hard/Smart luck does appear;-)

Would love to connect with you and explain our options to advance your projects forward!