What quality of LVP are you looking at? 

Not high earning 90-120k. 27 years old. 700 credit score. 

highly recommend. 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

and it currently has "wall/window AC" that looks horrible (old style, dirty, randomly located like under the window or high above the window) so really bad for marketing the unit in STR platforms.I want to change them ASAP!! 

I live in California and the state tax is high.

When rates go down, you'll see some divestment from high(er) quality REI into other asset forms.

The more energy efficient the shell is, the lower the cost of energy, which is highly marketable. 

Early in 2024, Blackstone was also able to sell the Arizona Biltmore to a UK-based fund for over $1 million/key.These deals signify that, for motivated buyers, financing costs are not as important a consideration as the location or a strategic rationale to own a property in a preferred market.Borrowers of two high-profile portfolios decided to stop supporting their loans, so industry participants are assessing the likelihood of these properties trading.

I highly recommend it.If you have any other questions or need any bookkeeping or tax help, please feel free to reach out.