If we installed such higher end finishes, and anything ever needed repairing.

Charitable remainder trust, opportunity zones, 1031 to another property, installment sales, accelerated depreciation of your next property etc

But, since you're looking to buy a primary residence in California, this might not fit your plans right now.Structured Installment Sale: This is a way to spread out your profit over several years by receiving the payment in installments.

Look for wear and tear or improper installation or (possibility) the Guest "created" an accident.  

Title issues, seller issues, non-refundable deposits, no inspection period, lending issues, appraisal issues, liens, IRS liens, city liens, no wills, unpaid back taxes, solar liens, and all kinds of other crazy stuff.   

Green buildings not only have lower operating costs but also offer health benefits for occupants.Renewable Energy Sources: Incorporating solar panels, wind turbines, and other renewable energy sources can significantly reduce energy costs and appeal to environmentally conscious consumers.Smart Home Technologies: From smart thermostats to energy-efficient lighting, smart home technologies help reduce a property's carbon footprint while providing convenience to occupants.Investing in the FutureInvesting in technology and sustainability is not just about being environmentally responsible; it's also a smart financial strategy.

Check with the city on where they are install new sidewalks, outdoor eating areas, walking and biking areas.

**Safety Upgrades**: Installing security systems, fire alarms, or sprinkler systems ensures tenant safety and compliance with regulations.Understanding and budgeting for these capital expenditures is crucial for long-term success in multi-family property investment.

As a homeowner who has never owned a pool or hot tub, I am interested in installing one in the backyard of my short-term rental property.

The current tenant says they have gotten the problem fixed but all that is required is some tile work and installing the new toilet.