Evaluate historical and current vacancy rates, aiming for decreasing trends.Demographics: For younger populations, focus on proximity to parks and schools.

Current rate is 4.75%.

California investors, what are your thoughts about my ratings below? 

I think a HELOC is the best option 95% of the time, especially with rates on the higher end. 

The HOA told me they require a sound dampening rating of 67% for upstairs units, and I ended up getting CoreTec ProPlus which has a 57 STC (sound transmission control) rating (I had to call the manufacturer to get that info). 

🏠📈 Real Estate Update 📉🏠Here's the latest market report from February 2024 (single family homes) 📊:🏡 Mortgage Rates:30-year conventional rate today is 6.97%30-year VA rate today is 6.55% 💵 Median Sales Price: $460,000📈 New Listings: 1,616📅 Median Days on Market Until Sale: 21📦 Months Supply of Inventory: 1.9🏎️ Formula 1 race weekend tickets for November 21-23 will be available starting March 25 at 10 a.m.

There were only a handful of nationwide insurance companies willing to rate liability insurance on STR management, and almost none (none?)

I am hesitant in doing so due to my low interest rate.  

Is it feasible to be cash positive considering the high interest rates?

Thanks Joey, you can do a rate rate and term refinance up to 80% of the as-is value on your property.