Lots of options besides what is the best real estate asset class that will survive what may be on the horizon. 

What is your planning time horizon?

I am under contract for a multifamily in the midwest, after the inspection was completed there are some concerns that are going to have to be addressed on the very soon horizon.

I would sit down with the local building inspector & determine what is on the horizon for code compliance & fire safety for multi's/apartment buildings.

@John Armando, If you have the flexibility to extend your time horizons past 2 years then you would be able to sell and take the % of gain apportioned to your primary residence as tax free with no reinvestment requirement.  

I personally would sell unless i was fairly certain that some significant appreciation would be on the horizon.

I just talked to him this morning and he said they're not making sales calls into FLA today with Hurricane Irma looming on the horizon.  

Check with First Horizon... they have programs to refinance one day on title using the appraised value, even some HELOC programs to .pull cash out.

What time horizon do you guys use to determine the value of the upgrade...i.e. if I spent $15,000 but was able to push the rent up $500, then I could recoup my costs in 2.5 years and assuming I didn't have to do any more upgrades for the next 10 years, I would pull in an extra $45,000 in rent over that time.  

I'm just trying to expand my horizons by updating out of state folks on what I am doing and hopefully creating more funding in the process.