Both properties have a substantial amount of equity that’s essentially sitting idle.Would it be a good idea to tap into this equity (through a HELOC, cash-out refinance, etc.) to fund future fix-and-flip projects or purchase additional rental properties?

Inventory situation is another key element.

It’s essentially the wealth you’ve built through homeownership.

3️⃣ Local Regulations: Before you invest in a short-term rental, it's essential to understand the local rules and licensing requirements.

Instead, they get compensated by Turnkey providers or builders with a marketing fee:“…we as the turnkey property promoter gets compensated by and only by the turnkey provider or builder that we are working with, they are essentially paying a marketing fee,” ( Link ).

Two flats are essentially just houses.... they trade like houses and there is a lot of emotion involved.

It is essential to have a great team. 

This was pretty confusing regarding "Core" Stessa features, BP should probably refer to it as "Essentials" package (free tier).

It's essential to do your due diligence and perhaps consider investing in more established or upcoming neighborhoods.Property Taxes: New Mexico's property taxes are relatively low in comparison to other states.

We would refinance to essentially be no money out of pocket.