For the 10 year period spanning August 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.5%.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve is predicted to cut rates as many as three times before the end of 2024 (see here).

I've got $1M in equity tied up in a rental property that I will sell around June '25 to generate liquid capital . 

That would leave you with $230k to do the renovation, and cut down your negative carry by 2/3. 

since my goal is to be able to cut down my hours for quality of life purposes.

Where I am yes taxes are tied to the house prices, but if the house price doubles, the taxes do not.

Here is a quick update on the market for you:Fed's almost certainly going to cut rates this month—traders are split on how big it'll be though.Odds are at 75% for a 25-basis point cut and 25% for a 50-basis point cut.

This is California for you, cut throat.Lastly, we have no copy of the loan contract and all we have is the paperwork from the Elite Home Energy ( work order and notice of cancellation).

However, because it's tied to a ARV based appraisal, the result is out of their hands- in terms of LTV.

I have seen too many people not only getting in trouble with the IRS, but losing their investments to sketchy but appetizing "opportunities" to cut taxes.

This is a very common mistake that investors make and it will cut into your rent and days on market by a lot.