Definitely some ideas in there I did not consider and will look into.

Considering it is already 2025 and they don't have a budget, you might also have an incompetent HOA to deal with.

If you don't need the extra money at closing and just want to pay off your current loan in hopes of a better rate, you could consider a rate term refi instead. 

Analyzing an investment with the Cash on Cash return makes more sense to me.I got .93 from the MLS in Tucson in 2024 - but you also need to consider the longer vacancy vs. a higher grade property. 

Hello Robyn,Is the building in a historic district or considered a landmark?

This article presents three key factors to consider before deciding that now is the time to sell/exchange: 1) regulatory, 2) economic and 3) personal timing.1.

Consider lowering your asking rents before changing PMs.

In addition to tangible screening such as credit checks, evictions, criminal background, & income checks consider intangibles as well - how well do they communicate with you & how professional?

Another work around that isn’t discussed much is working on a strategy with your insurance company to protect your other assets in the event of a claim.But also, it wouldn’t be a bad idea to consider getting the financing into your LLc name with a community bank and pulling cash out if you have substantial equity.Right now, since the loan is in your name, it shows up on your personal credit report.  

@Josue RamosTo invest in Texas markets, consider Dallas, Austin, and Houston, which have seen strong population growth and appreciation.