You are missing the following:  capital improvements, working capital, closing costs, pre-payments, and anything else you will need to pay in advance.You are missing several income and expense lines. 

Glad this post of yours was restored Patricia, i like the topic, thanks for posting.My rates have always fluctuated too however it hasn't hurt my ranking with VRBO.Personally, i noticed for my listing, the ranking improved once i achieved greater than 50+ reviews and once my listing matured (listing age greater then 4 yrs).

Can I deduct any expenses incurred throughout the entire year 2023 for that property such as utilities, insurance, repairs, mileage, maintenance and improvements?

Another thing to note, certain renovation costs can be eligible for Qualified Improvement Property (QIP).

Consumer sentiment is expected to improve with inflation easing.

I do know some developers might be willing to pair with battery to improve interconnection stability but battery fire news will be another concern to neighbors (and myself).

Read books, attend seminars, or consult with financial advisors to continuously improve your knowledge and make informed decisions.

@Marcus GriffinOption 1 offers a lower monthly payment and lower interest rate for a subject-to property loan, but requires a $14k upfront payment, potentially affecting liquidity for property improvements or investments.

All four of the options you outline I believe work in today's market and with the ability to refinance after a rehab, you may be able to break even or cash flow with an improved equity position. 

Complete home improvement project.