Before that I was a real estate agent for a short period, so I have an understanding of the market and researching properties.

This would make me pause and not be so quick to sell it. 

That's just life.We had a situation where one tenant had been living at our property for years with several other tenants below them over that time period. 

In 2024, the city instituted a CAP and for a period, now only active STR permits can transfer to a new owner.

@Eric Smith A 1031 exchange with a related party is possible but comes with strict IRS scrutiny and holding period requirements.

It even gave suggestions on what I could improve based on what my competition is offering.Link to the operator in action is here https://drive.google.com/file/d/1C1uTqgWGfs3AMsUdDWd0FOTbVFM...Quick tip: don’t pay the $200 for this just yet.

It's not easy to admit mistakes.I think you should start by eliminating the get-rich-quick mindset.

So you are better off finding someone who wants to rean interest on their money and getting a promissory note signed and giving them a 10% interest rate and having them give you a 15k loan interés only for a 12-24 month period.

During this renovation period would you, as the lender, want an Actual Cash Value or Replacement Cost policy in place?

I've seen many landlords that get lucky with good renters for a long period of time, then everything falls apart when they have to deal with real difficulty.I looked up your property on Google Maps, and the street view looks bad.