If you mess up along the way, you need to start over and repay for court/service costs.

I’m doing this now and in my unique situation it works great because they get to see the place furnished and smelling great .

Are they uniquely successful?

The property won't appraise for what we feel it is worth (stop laughing) BUT is an incredibly unique home.

However, this is unique in that it isn't an early termination and we did not require them to vacate early so I'm iffy on how to approach this situation. 

Would appreciate any insight as this situation is somewhat unique and I need to make a decision quickly.

The refinance is obviously higher than necessary just to repay the initial investment.

The primary consideration in financing multi family projects is your primary source of repayment, the adequacy of the rents for the amount of debt.

https://www.theguardian.com/money/2019/aug/13/danish-bank-launches-worlds-first-negative-interest-rate-mortgageHere’s an excerpt:A Danish bank has launched the world’s first negative interest rate mortgage – handing out loans to homeowners where the charge is minus 0.5% a year.Negative interest rates effectively mean that a bank pays a borrower to take money off their hands, so they pay back less than they have been loaned.Jyske Bank, Denmark’s third largest, has begun offering borrowers a 10-year deal at -0.5%, while another Danish bank, Nordea, says it will begin offering 20-year fixed-rate deals at 0% and a 30-year mortgage at 0.5%.Under its negative mortgage, Jyske said borrowers will make a monthly repayment as usual – but the amount still outstanding will be reduced each month by more than the borrower has paid.

Because of nuances like this, and the many others unique to real estate, I'd encourage you to take any advice you get with a healthy dose of critical thinking as no one knows your personal situation like you do.