I’m considering doing a cash-out refinance, not sure what the best options is , to use the rental property or the rehab property.

If you move up into Pinellas/St Pete, Largo has some options.

In Launch Control, we're not required to put the opt-out msg (not is Smarter Contact, it's an option). 

Not saying you shouldn’t move forward, just that all options should be on the table!  

.: Quote from @Donald Hatter: Option 2 is the last option I would suggest.

Also, after a year, the mortgage hasn't been paid down by much, especially if it's a 30 year mortgage.The only challenge you may run into is if you purchased it using a low or no money down mortgage option like FHA or VA lending.

If you're considering Real Estate as an option in the future, I would not add the money to either of these accounts. 

It’s the BRRRR with the lease option rather than just rent.

@Nate MarroquinYou're in a great position to house hack before your income increases, and you have multiple financing options to make it work.

@Susan Tan you may also have lending options in the Houston area that offer 100% LTC financing for rehab projects.