Do you anticipate it being vacant through the winter.

.- 5 month permitting (Much longer than anticipated)- 160 days of vertical construction - The storms set us back on a few builds because it caused us to delay our septic instillation.

Since their project is running longer than anticipated they can't speak to the ROI yet and whether they're going to make the return that was projected / advertised.

Anticipated rental income (1800-1900).

Is Lakewood market anticipated to hold value around this 225k range for a renovated property?

If they are truly a local firm you'll want to vet their experience thoroughly to verify that they have the depth of experience to handle what you're anticipating.

This leads to issues with refinancing and could leave you with less equity or higher debt than anticipated.

Rather we rushed anticipating interest rates would go up soon back then. 

And I'm guessing that you're anticipating a jump back into the market after a correction. 

That it's an inflationary action, not huge one but still, that's those "votes" as I am seeing it. yes, one could argue those were priced in weeks ago, although that's a valid argument for trading sideways not upwards. 50bps is the biggest of the anticipated and many expected 25.