Together, the property nets us roughly $1,400/month after expenses.Equity Split: My partner owns 60%, and I own 40%.I'm exploring ways to take out my equity without disrupting this deal, as I feel this isn't the best financial decision for me right now.

Technically, you can't buy a (mortgage) loan interest rate below the federal funds rate right ? 

I personally left San Diego in 2017 and bought my home in Riverside County for $155,000.

Im not sure how far RWN should go to make things right as of course not doing your own inspection and appraisal is pretty stupid.

You mention not a fan of landlording, great, the bank never get's involved in that stuff right. 

Right now, I’m focused on building a strong foundation in real estate by expanding my network and learning strategies for sustainable growth.

Is that about right? 

Even if I have to lower the rate by $200 to find the right tenant, I am still ahead of the game by a C-note by year's end.Just my 2 cents, I hope you have already found a tenant for your home by the time this post drops!  

With that being said, in order to make the right decision the answer is in the math of the blended rate.

It could be the rehab they did was the right thing for the property and one that might get you more rent.