In our property, the house was open to the air in the damp environment of coastal Florida, no heat or A/C at the house.  

How did you get that in today's rate environment (25% or 30% down)?

I believe this market cycle is topping, and one should tread very carefully before investing more money into an 'unsure' property.That does NOT mean to stop investing; just make sure you aren't trying to catch a falling knife in an unsure environment. 

Sometimes it's age, increasing work on aging properties, or an increasingly unfriendly landlord environment (Hello CA!!!). 

Like many (most) small business owners especially in this high interest rate environment, we have to use make extensive use of our personal credit rather than using extremely expensive business credit.

And, due to the arid environment, property upkeep generally remains minimal, saving on both time and costs compared to areas with high weather impact.Moreover, the mid-term rental (MTR) market in Las Vegas presents a significant financial upside, often doubling the rental income compared to standard long-term leasing.

Arizona’s steady flow of out-of-state buyers and rental interest, along with its attractive tax environment, makes it a top choice for investors who prefer markets with minimal seasonal fluctuations.Southern California: Coastal Appeal with High DemandCalifornia as a whole can experience seasonality, especially in its northern regions.

Ultimately, the impact on housing markets will depend not only on who wins but also on their ability to implement proposed policies and the broader economic environment during their term.Your Voice MattersThe future of America's housing market will be significantly influenced by the outcome of the 2024 election.

You are doing things right and I can tell from how you present yourself you somewhat understand and respect the environment.

They will draw down substantially in a rising rate environment, especially if persistent inflation detracts from landlords' ability to consistently increase rents & other income.