For anyone who has focused on just buyer agency, they will just have to pivot and adapt to the changing climate around them.

When selecting your choice, take into account elements like the local climate, your distance from friends and family, and your general standard of living.

We don't have enough days of sunshine, and we have relatively cheap electric and a mild climate, to justify the cost. 

. - Install two new high efficiency condensing boilers, and update windows and insulation for better heat loss performance.PROS - a) minimally invasive; b) can provide 15-30% reduction in heating costs (we are told).CONS - a)total gas expense is still paid by the landlord; b) individual units won't have individual control (except for a thermostat controlled shutoff valve for heat/water in each unit); c) AC would be available on with in wall/window units. 2) Try to individually meter each units' gas and provide each with a traditional forced air heating/cooling system.PROS: a)gas expense could be completely removed for landlord (huge)- even tankless hot water could be installed in each unit; b) each unit would have their own climate control.CONS: a) constructions costs of running new gas lines and soffiting sheet metal duct work. b) highly invasive with collateral construction costs; c) future costs of maintenance on multiple systems vs a single building-wide system. 3) An electric based heating system- This is tricky in my mind because of the high cost of electric heat.

We are coming to the new era where company that sells virtual reality , virtual real estate and AI like Nvidia , Meta or Microsoft ; and also "virtual" coin like Crypto is valued way way higher than real actual tangible real-estate like office building , apartment building and so on and so on for example the level of valuation for office building is like a wipe out.If the investment climate continue like this where there's no relevancy between investment and tangible or the real word , how conservative real estate investor like us should react ?

The political climate is very anti owner.

We're not necessarily targeting LA (Venice in particular) as a market but as a place to live (the closest we can get to the Canaries regarding climate, walkability, etc).We're open to the whole country when it comes down to investing.

However, given the current economic climate, where interest rates are notably high, I'm concerned about the feasibility of acquiring new property in 2024 that would not only be financially viable in terms of cash flow but also suitable for leveraging accelerated depreciation benefits.

I think this is pretty normal for this climate but just want to see if others have any advice? 

I have always wanted to live in a warmer climate (ideally closer to a beach) but these properties tend to also be expensive and are better for appreciation than they are for cash flow.