You just have to adjust your numbers.

This converted to a non financed cap rate of about 8% at closing, then with some swift expense adjustments brought that up to about 11%. 

I am refocusing on another targeted market and adjusting my Business Plan thus the reason for the possible liquidation of this area holdings.

Nevertheless, the quicker you can use the money and refi it back out, the better - most HELOCs have an adjustable rate.  

When @Nathan G. listed adding pets to the lease I believe he was just referencing that as an adjustment from the original signed lease that would require a fee. 

Again - these are just rough rules of thumb I use and you will need to adjust it for the condition of the place, average vacancies in your area, and the Capital Expenditures you see on the horizon. 

But you're correct, you'll need to adjust your prices for each season - your bookings might still slow down because of an overall drop in demand, but you need to make sure your pricing stays competitive so you can still get some of those bookings.  

This is especially important in muggy climates.

I adjust the capex to match the age of the house and the age of the major components. 

Wanted to get some Californians’ prospectives on the real estate market and owning property here during this current political climate and the overall situation in this state.