We have had a Strctural Engineer out to the property and while we don't need to conduct repairs within the next 5 years or so, we will need to address both of these things at some point and it will likely cost us about 100k.Any advice on selling or holding for the long term?

I have tried to mitigate the problem for weeks now and have even addressed it with the HOA and Board of Directors because it’s a building problem that is invading my unit now.  

Affordability must be addressed before transaction volumes can normalize.Average 30-yr mortgage rates (Mortgage News Daily)MBS Highway Housing Survey for July 2024The MBS Highway National Housing Index dropped 9 points in July 2024 to 44, as buyer activity levels fell across the nation.

If you are concerned with cash flow, please check the insurance rate on an address, it can be very high, and then check the property tax before submitting an offer.

I don't have a hard and fast, here is what my criteria was when I started:1) Covers enough so its cheaper then renting2) Room to improve rent: addressing poor management or by improving the unit.I figured in my market with fixed debt and rent increases, within 3 to 5 years, the cash flow would be real nice.

I am no banker and there are people here that will certainly address your question better than I... but it appears you are blending real property and personal property and trying to bundle together into an LLC. 

Sorry for my newbie question.I really want to understand the business :)Primary residence - the place where you live and reside for the majority of the year; your legal address.

This ensures that your primary mortgage is settled, helping to alleviate the immediate pressure of foreclosure.Credit Line Payoff:In addition to paying off your lender, the refinancing solution also allows for cash out to address your outstanding credit lines.You can receive up to $15,000 per credit line, with a maximum of 9 credit lines eligible for payoff.

Of course in old properties you should always immediately address any chipping or peeling paint. 

@Carmen Lapham- There are episodes in the "The Real Estate Investing Podcast" with Daniel Apke and Ron Apke that address this.