This was a project that I needed to get done quickly rather than get it done cost efficiently.

And if anyone knows what a full renovation on a property in Pittsburg that is around 1900 sqft would cost, if you could let me know, that would be greatly appreciated.

You want to keep your maintenance low by doing all repairs as early as possible.

Low pricing and don''t worry about profit?

Unfortunately, you cannot just tell your private lender or builder that you cannot make the payments, so I’ve covered all of the costs. 

Also I think that the opportunity cost has to be considered.

The first tenants are moving in July 1, and they have asked me to cover the costs associated with the installation of any new services (i.e., internet), and then they will transfer it into their name at the start of the lease.

Build cost 2 million ($240 per square foot for a 5400 square-foot duplex) (Sale price $650 per square foot valuating the duplex at 3.5 million) Upon stabilization, the properties market value is projected to be between 4.5 and 5 million.

HCL=high cost of living areaLCL=Low cost of living area 

If the pricewould have been $20k less I would have been good with just a VA loan.So depending if you're looking at a larger more expensive house, I wouldn't refi the 1st one as I'm sure your interest rate is pretty low, plus adding closing cost would add more $ being refinanced.