So here's my question:Is it normal to take a pre 90 day LTV to recoup the purchase cost, wait the seasoning period, and refinance the rest of the cash out at a later date?

I figured I would come on here and ask folks on creative ways to utilize this alongside financing options to scale into the multi units space while not waiting another 4-6 year period to repeat the process.

Cleaning out the property - the designated next-of-kin and executor will be responsible for removing and dispersing the deceased tenant’s belongings before the lease period is over.Unfortunately, it does look like this can be a long process and patience will be needed as you will be dealing with an estate. 

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

Would be strange to issue a warranty deed, which covers the period you owned the property (I get "You" means attorney/trustee), when you've never owned the property.

You should certainly start the process earlier than maturity, especially at the very least within a couple months of the maturity date - there can always be things that cause delays and pushes and even missing the maturity date by a couple weeks can have harmful consequences (since it will technically be a default / missed payment even if the lender is OK with it).Also, commercial loans even with the strictest prepayment protections / lockout periods will almost always have at least a 3-month open period prior to the Maturity Date

Now, if in your walkthrough and lease review you find material lease violations that could result in eviction, then that would be another option, but again, that is (I am guessing) unlikely and still risky, since there is a cure period associated with evictions.Not sure if this exists, but maybe get a private lender (ideally family member or friend) to lend you on a purchase loan for 10 months, then refi into a different private or hard money lender once tenant is out?

Your deal was underwritten using a 5-year hold period, with a conservative average rental growth of 1.7% and  average expense growth of 5.8%.

This period beckons us to seize it as a chance for expansion, innovation, and collective progress.

Even then so, you can deprecate the value of these improvements (sometimes over a very short period of time, even 1 year) so it maybe a wash.