Now I hold and rent out as a short term rental.For clarity this is not a rehab project, this would be me just trying to refi without adding value.

Picture it like a dart board—areas farther from the center experience increasing pressure, leading to appreciation if you plan to cherry pick any to hold onto.

We do not play games lie they do in CA or NYC.

Would you buy a condo as your first investment or would you hold out for a SFR instead? 

Then the goal would be to either sell it off or keep it as a rental for a long-term hold.

Would not use anything but Pex and in your case would hold off replacing the plumbing for now if there is any possibility of codes changing in the next few years to allow PEX. 

However I'd do a deeper dive into these since some of them hold more functionalities than others.

Obviously, some areas are better then others, but its a numbers game.

    - Curios about STR's - Located Grand Rapids MI -WANT TO START A REAL ESTATE DYNASTY I see myself as an advantage player in the real estate game as I have a few helping connections from my current business and a lot of knowledge on improving homes, managing clients, and building a business.  

Investment Info:Small multi-family (2-4 units) buy & hold investment.