If you discovered the issue before paying for the appraisal that could hopefully save some costs (in case the appraiser is with the wrong AMC).Pre-vetting with the lender on rental history/AIRbnb/1007 as well as seasoning could help. 

@Ryan Cousins it's really going to depend on YOUR analysis/projections of what you think the property will be worth in the future.You'll want to compare that to any capital gains tax-savings if you sell now.

Buy and renovate the property and in 6 months do a simple cash out refinance and pull out some cash and start the REI process all over again.I am North of you up in Pinellas County West of Tampa and there are also some great places up here that might save you some cash. 

You didn't save 40% you spent X that could have been used for marketing or growing your business

In fact, a couple of recent studies have shown that working with a broker typically saves about $10,000 on a residential mortgage.

Focus on saving $, building your credit and getting steady work.

If you think the money will come you quick in anything you do you’re better off just dreaming about what you want and saving your money and work for someone else to make their dream come true.

If you're looking for MY permission to abolish FinCEN - you got it  ;)It would save everyone a lot of hassle, no doubt

Thanks for sharing and saving me the time!

Is it your actual savings or was this saved to invest, because there's no such thing as "excess" cash.