However, subsequent increases in interest rates caused a substantial reshuffling, reestablishing New York and Los Angeles as the dominant players.

The goal is to set a standard without having to go to court but if you have to do that it is what it is.

If you are already worried about it not selling for a higher price because of lower priced units (which are smaller), why would you think about more renos to increase the value especially if you said you can't afford 2 mortgages?

With increasing vacancies, fewer deals are priced based on going-in yields.

And, depending on what state you are in, it's typically standard for the seller to pay this fee anyways, so it's essentially "free" for the buyer. 

I have several properties here, many with SIGNIFICANT equity increases.

I think you can create value (Increasing NOI) and you know that the lender would value the property from an income approach you'll have a better chance as a BRRRR.

The vast majority of PMs focus on long term rentals which are very standard in terms of the functions they provide.

I am assuming we would have to place offers as the home becoming a “secondary residence”, but I know that will also increase the interest rate like no other.

I do it all the time to houses that have never had central HVAC and don't have any duct work.You can control the temp in the house from one location and even add a programmable Wi-Fi thermostat for remote monitoring and control.You won't be cutting holes in the side of the house and making it look like a hotel instead of a nice house.This will increase your resale value over the other options.Mini splits and window AC units look ghetto to me, so I spend the money to do it correctly.