Would anyone from the area choose Schenectady over Albany or vice versa?

I am trying to understand when a HELOC is more advantageous than a cash-out refi and vice-versa.So I bought this duplex a 3 months ago and am currently living in one unit (house hacking) while doing some renovations.

For example, you may find a house that would make a great rental when you are actually in the market for a flip, or vice versa.

The more passive it is the more I would view it as an investment, vice versa. 

What is the best way to make this partnership work and limit my liability against potential lawsuits against my parents and plaintiffs potentially wanting to come after my share of the property or vice versa?

I would also like to know why you want to go conventional vice VA loan.

If you're willing to talk let me know and I can private message you my # or vice versa. 

It's not really about the market, it's about YOUR PERSONAL SKILL AND KNOWLEDGE IN REI.I would even say that a skilled investor in SD will have better returns in KC than an unskilled KC investor in KC, and vice versa. 

Personally, I think investing for appreciation with no consideration for cash flow whatsoever is not smart (vice versa as well).  

Construction is a great background to have, for sure, but becoming the captain of your own ship sounds way better.