Are you adjusting your strategy in anticipation of the potential rate decrease?

So I think one thing you might need to add to your calculations is the projected value of the house over time and any anticipated rent increases.

We're diligently preparing these lots, anticipating a market rebound.Navigating through this unusual market has been tough, but I am confident that the experience and perseverance will pay dividends in the long run

However, if you plan on sticking the the loan and you do not anticipate rate would drop below 5.7% then option B would be the ideal route.

Moreover, demand and absorption rates are currently at 25-year highs and are continuing to trend in that direction with a 70% reduction in new construction permits and drop off in deliveries in early 2025.We will maintain flexibility to sell Elliot Roswell as markets improve and anticipate doing so within the next 24 months.

I anticipate the second investor will refinance the property once it's fixed up and rentable.  

Warnings were out to evacuate immediately---possibly a cat 4-5 was anticipated.

Investment also spiked in Class A Short-Term Rentals (STR) and investors started paying higher and higher prices based upon anticipated STR rental rates, that exceeded sustainability based upon Long-Term Rental rates (LTR).

I would anticipate 5-10 years it would cover 100% of debt, property tax and insurance on my primary.

The only thing I can think of is that bookings (these were STR projects) haven't been as strong as the group anticipated.