It also, currently only has one of the only STR options that has a true a live, work, and play mindset with a generous list of amenities, including restaurant. 

The issues currently: 1.

TIA It will depend on what kind of rehab and if the property can currently be rented out to a tenant.

Depending on what your current interest rate is, it may be worth looking at refinancing the loan to get a lower rate?  

I am currently in business school at the University of Southern California and plan on getting my real estate license once I graduate in May 2025 I am humbled by the experience and wealth of knowledge that is on this platform and I look for forward to getting started with your help 

This is a common strategy, but it's important to note that because the mortgage remains in your name, your DTI is still affected.If you opt for a commercial loan, which typically comes with a higher interest rate and a 20-year amortization, you can purchase the property directly in an LLC.

Currently I am getting an amazing rate with Encompass Insurance as they bundle our rentals as well as personal home, auto, etc.

Let the tenants use curtains that are cheap and easy, plus it allows them to determine the color/decor.Tear out the sink and replace with a vanity that has more storage and an updated look.Unless this is a B or better property, I would probably leave the current mirror/vanity.

. - upon sale, the property tax will be increased to be based off current market value (~1.1% of current value).

@Wayne TohAs Kaitlyn stated starting with why you want to invest and then how that will fit into your lifestyle in the next 1,3,5 years will help give direction.