The Westside is hot, but don't ignore the east side too. :) 

Invested additional approx $25K over the hold period in replacing HVAC unit, hot water heater, refrigerator, installing LVP throughout and upgrading some of the furniture and decor in the home.

@Luca GianiI would say depends on the market but larger is usually betterIn Toronto they rent like hot cakes because they are usually rented to 2 parties sharing the unit.

San Diego is a red hot market right now.

The location isn't hot though.  

Prices have doubled in the decent areas and tripled in the hot areas.

Asbestos siding and lead based paint are both hot potatoes when it comes to regulations. 

The market is very hot right now in MA with very low inventory.

Now, the first available slot is in last week of Oct.

I am not advocating setting them uncomfortably low, but when they are not as hot, the tenant will run out of hot water a little faster which typically equates to shorter showers.