An AC unit in beaucoup Hot weather may have an up charge from the installer because he knows he can get it from customers who want immediate cooling.

For example, a hot water heater is ready to go versus a bathroom you want to upgrade.

Lots of good info in this thread.I found this especially helpful as I'm planning my first auction experience in the near future....better not see you all there now that you know there is a hot deal coming up in Milwaukee ;+)  Until a few days ago I knew nothing about sheriff auction bidding/ buying.  

We have discussed selling the property and rolling it into a multi-family but again feel like we may be trading a fairly hands off property with good cash flow for one that may be a bit more labor intensive and only yield marginally better performance.Any advice on how to expand our rental portfolio/maximize its performance is greatly appreciated!   

Projections for 2025 suggest a more moderate 5-7% price increase, still above national averages but with less intense competition than during the peak years of 2021-2023.Investment OpportunitiesThe Las Vegas townhome and condo market offers various investment opportunities.

I own a newbuild (2019) SFH rental, when build it included solar (without the batteries) and solar-hot-water-heater.

STRs are HOT here. 

In one of my own personal properties we chose not to have a hot tube and we removed almost all exterior light because of the activities we are steering towards!

You also become responsible for making sure your tenant has a livable space - keeping all the major systems up and going - so hot water heater, AC, the roof, electric, plumbing, etc.  

I'd recommend Pocono Summit and Locust Lake, both hot spots right now with a handful of good listings.