We were able to create a great coworking lounge as well as build out a great entertaining space on the rooftop for stargazing, yoga, movie nights, dancing, great food, drinks and ocean and city views.It was in decent condition, just a lot of deferred maintenance, Has appreciated.

Make vacating the unit a condition to close in your offer.

Air conditioned air leaking to crawlspace making crawlspace heat or cold depending on season causing more power bill to tenants.

If you're happy with getting a note on ANY house in FL you might have more luck, but then you don't have as much control over the condition of the property or its location if those are important factors to you.

In Europe, it is indeed possible to withdraw equity from a property through refinancing, but the conditions vary by country and lender.

Flipping and value add works in any market conditions at least for me is does. 

How would 7% interest rates in 2025 effect the market conditions for you?

The property has been in excellent condition since it was built two years ago, and I’ve lived there myself without experiencing any similar issues.The lease is a standard Texas lease, and I’m seeking advice on how to approach this situation fairly.

@Mike Dymski, in my experience raising institutional capital early in my career, I would disagree about "following a sponsor" for years, and actually many of the deal level analytics (a majority of institutional investors invest in funds not deals), but your point is generally correct.Ultimately, what I see a lot on these forums is that a lot of people are relying on the investment manager to also educate them on macro economic conditions, which will always carry a natural bias towards their types of offerings.  

Be Patient and Flexible: Market conditions and unexpected challenges can impact your plans.