So far after moving in we added a natural gas line, replaced the furnace, remodeled the kitchen and have started working on the mudroom.

Alternatively, the owners who's checks have stopped coming in from the arbitrage guys may be very keen to sell. 

It is a remote mountain town and already socially distant by nature. 

Should I look into an alternative financing solution so I can pay the bank and fire the GC so I can move the project forward? 

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But when we tell you the first step in connecting with qualified tenants is “establishing you brand” this may not be second nature to you.

Do you have an alternate exit strategy and how long can you hold it for... that's what you need to be focusing on right now. 

So you list a property with intent to sell, and after 1 week with no offer you are looking for different strategic alternatives.

It seems after listening to a few of the podcasts there are alternative solutions that would be better suited to start and grow and wouldn't have to wait the 2 years to refi.My logic was that the VA Loan is $0/down on your 1st mortgage and 20% down on a second mortgage and I didn't think I would be able to afford the 20% down on a property in Hawaii.

My gut tells me you will have to go with a hard money alternative.