. - cap rates for multifamily seem to be in that 5-5.5 range currently as far as I can tell, which has come off a bit since the peak on 2022, but are still lower than other asset classes.

Quote from @Billy Smith: Having all or most of your rentals paid off is a great feeling with the cash flow rolling in .You know have a bigger shovel to buy more properties , folks get the fever want more more dam the debt full speed ahead .I read a lot saying what  is the rate of the  note ,you could deploy the money in  ,gold ,stocks etc....With just a couple rentals paid off in A -B area I put my kids though Division 1 state college.  

Those are definitely key selling points and absolutely will go a long way in peaking interest and letting buyers know your house has had all the necessary updates done. 

I do a mix of STR and MTR in Tucson ( STR for peak season around gem shows ) and MTR during the other months 

Also, Fresno, CA is in the top 10% of US housing markets for appreciation, at ~9% annually over past 10 years and expected to continue given the growth we have seen here, proximity to big cities in CA, cost of living relative to the big cities, high-speed rail to LA stopping here when complete, etc.

Not sure if that will be an issue moving forward, but I saw when gas prices peaked about 10 years ago, it killed rentals in Little Elm...where everyone drove 30mins-1hr to work somewhere....that could happen with Forney, Heartland, Heath and Crandall and all the small towns around it in that area.

I own Speed Queen washer/dryer in my personal home.  

Well I'll say If you prioritize speed and convenience, selling to a wholesaler might be the better option.

I was actually referring to rent-ready properties and trying to decide if there are still benefits to buying something at its peak value.  

When the air or heat comes on , it turns the fan at a consistent fast speed.