For everyone it’s different which is why I ask.  

Real estate investing is a team sport and at different points in the game different players will play more important roles.

I have 5 more lots to go on this project and I'd like to change it up on the next by selling the lots and managing the construction project for someone else rather than carry the costs myself.Sell one of my STR and redeploy the equity into a different STR market, thinking a ski market.Sell a flip I finished in September & redeploy that cash. 

Before you can tell, you need the answer to a lot of different questions and then know how to apply them:What is the remaining term of the assumable financing?

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Not sure where Ana, but every state as you know is different.

The cash flow portion of real estate is often related to risk and sweat equity, which is a different aspect of investment.

Plus a “Service” oriented community which is very different from other countries.  

@Brett Jurgens,With strong equity and a good tenant, you have a few options:Cash-Out Refinance: Offers lower, fixed rates for stable monthly payments and lets you keep the property while using equity to invest in another rental.HELOC: Provides flexible access to cash, though with typically higher, variable rates that can fluctuate over time.1031 Exchange: If you're open to selling, a 1031 exchange could defer taxes and allow you to trade up to a higher-value property or diversify into a different market.Each option has pros, so it really depends on whether you want to hold onto the current property or leverage its value for something new.

A clean U&O means the Seller doesn't have to do anything.The home inspector is a different issue.