TLDR: great views, ok lodging, rough ocean
Positives: excellent views being right on the beach; you get both sunrise and sunset views; no external sounds/noises (soundproofing good); AC unit worked well keeping unit cool; size/depth of beach was good (not like crossing the Sahara to get to your spot). Beach patrol/lifeguards are excellent, very professional, and prevalent (they need to be - see below).
Neutral: Unit is rough around the edges with the furniture starting to sag, vinyl flooring starting to crack and come up in places, decorations starting to fall apart or have been damaged; any surface that isn't a countertop/table have never been cleaned and it shows (e.g., walls are dirty); most closet doors are off tracks (or broken - see below); king bed leveled using books; the beach can be pretty crowded so you need to stake out your spot early. We didn't really care about this type of stuff since we have kids and didn't have to worry about keeping everything immaculate like you might in a place with everything brand new.
Minor annoyances: AC unit's air filter was filthy and probably hadn't been replaced in over a year (Vacasa came in a couple days to replace); sheets are clean, but on the rough side; dvd player in main room didn't work (probably just need new cords); oven did not seem to reach correct temps; fridge worked fine - but was set to the highest cold setting which froze all our produce before we noticed; both bathroom fans are really loud; secondary bedrooms have light switches, but these control wall outlets - which have no lamps connected to them; due to the way the ocean behaves here (no discernable difference between high/low tide) there is never a time where the beach has hard-packed sand that allows for comfortable jogging along beach.
Negatives: AC unit is loud. This was a problem all week since the door closing it off was busted off the hinges (Vacasa repairman couldn't fix and "had to put in a ticket," so likely will be fixed after we left). Biggest negative was the ocean itself. We've never been to Ocean City before so we were not expecting the way the waves and beach are here. The beach quickly drops off from waist deep at 15-25 feet from shore to neck deep at 25-30 feet, to overhead at 30 feet out. It gets deep quickly. Not a big deal by itself, but the waves crash at the 10-25 feet out distance where anyone could comfortably stand (even on totally calm days which we had several with great weather). You will get knocked down and tossed about pretty roughly if you don't get out beyond treading water distance. Children and grandparents will have a very rough time and I saw basically nobody under 10 years old or over 65 in the water all week (beyond ankle deep). The beach is so steep where the water reaches that waves that come in also rush right back into the ocean which causes a disconcerting "getting pulled out to sea" feeling everywhere you can stand. Adventurous adults and older kids will be fine, but this isn't the beach to have a relaxing time in the water. It is work playing in this surf.