The consensus seems to be that the Fed will drop rates by 1% by year end, which could allow you to refi in the near future, but there are costs involved in doing so.

I am on well, so I don't have a cost, but I don't want to generally waste water. 

If you think it's going to drop if the fed cuts 5-7 times in the next year, it might make sense to look at an ARM with a 3 year declining PPP instead. 

This property in particular had some additional unforeseen costs (main water line damage, sewer line damage, etc.) that certainly caused us to go way over budget.

Cutting back vegetation etc.The home probably got more deferred maintenance, water damage evident even in this video.

And your gambling a LOT of $ on trying something out, via purchasing a property to try the waters.     

I still cannot rent this property without essentials like water/power despite the repairs.  

Regular inspections for any signs of wear, cracks, or water damage are advisable to maintain the facade's integrity.Parking and Access: The covered parking area is a significant advantage for tenants, but ensures the area is well-lit and secure to prevent any potential safety issues.Interior Features:Layout: The open floor plan with large windows ensures ample natural light, which is appealing to tenants.

Was looking at projections today based on rate cut cycles and chances are we could see rates drop into the high 4's/low 5's in the next couple of years on average (that's based on previous cycles and a decreasing spread between the 10yr and mortgage rates). 

I dropped over $50k on one mentorship which pales in comparison to Pace's community with Subto.