I have a spreadsheet in my BiggerPockets file place which can help you with putting together an estimate.https://www.biggerpockets.com/...Your estimate should be organized by trade category, (roofing, painting, windows, cabinetry, tiling, etc.) so you can breakdown your budget, evaluate bids and create a payment schedule for the project.Once you start spending money on the project, you need to track and compare your actuals to your initial budget so you can proactively review if you are over/underbudget and forecast your profitability.

I m behind schedule due to some weather and being under the weather myself.

I also have seen the vacancy  forecast at 0% (not included because either they have not had a vacancy or because it is an unknown).However, my numbers are posted.  

It's all about buying right and the forecasting the market (home values) is pretty unpredictable at the moment given increased rates, yet an overall supply shortage. 

Similar problem like mine, to answer your question:1. we need to forecast the interest rate dynamic.

I feel the long term forecast for Edmonton is still very positive.

Your disposition reminds me of an analogy from some military experience: Let's just say I was a warrior in the US military and had some close encounters with not so friendly folks, we trained for a multitude of scenarios constantly, rehearsed over and over, ran drills for various tasks, planned and analyzed, and even agreed on what specific preparations would be made as well as form a consensus on how to strategically maneuver and react to the mission ahead, we over-prepared often, almost to a frustrating level; nearly every single mission we conducted (99%) all the planning and preparation was seemingly useless, as soon as any action stimulus began, chaos ensued, what I like to call organized chaos on our teams part, yet it wasn't the planning and strategic efforts made prior to the mission that enabled us, we always worked through the chaos with the fundamentals, the core efficiencies we had learned and trained, it didn't matter what rehearsal and plan we chose, it was the fundamentals that afforded us the opportunity to weather the chaos and react proficiently.

Keep in mind, these are NOT all apples-to-apples forecasts/outlooks.The indexes they're projecting for vary, as do the timeframes."

It seems worth a try.Do you think people are just trespassing on his property weather he allows it or not?

This would ensure that you have a steady income stream and can weather any potential recession or economic downturns.However, if you are comfortable taking on more risk and want to leverage your equity to invest in other properties, then going for a cash-out refinance may be a good option.