-Liquidity.

currently have just over $1m to use and am looking at diversifying between a personal real estate rental property to get that 1% monthly rtp, a commercial developer fund that yields 8% a year and 4% after they sell (roughly 4 years after investing), and a managed fund that is liquid and yields 5.5%.  

This in essence to pull liquid cash out for a second investment, and transition the property into a long term rental.

I'm liquidating my rental portfolio and pivoting into debt investments and high dividend stocks (generally 10%+) as well as bonds giving high returns at maturity (more debt). 

Older buildings can be an issue, we had to put some spray foam around the heat pipe entries. 

I'm not sure what you mean by a solid property but you might end up with a property that's less profitable and less liquid and therefore harder to sell.

If I want to dabble I will go into an office REIT: high liquidity, low entry cost.But let's look at multifamily, for instance.  

Liquidity and value add are the way forward. 

Almost all my money is liquid cash as of today, very little is in the stock market.

If you have a cat that pees or sprays, understand that even if LVP is waterproof, it can seep through where planks connect or edges/trim to reach to the subfloor or slab, causing major odor issues.