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.

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

Based on my experience managing a significant number of rentals, leasing back to a seller can work, but it’s essential to approach it carefully.Lease Start Date:The lease should be signed at closing and start on the same day—Monday in your case.

I had never heard of that tool.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Research the Market:It's essential to comprehend the local real estate market before you start flipping residences.

Any recommendations for free tools to do market research?

Platforms like Zillow, Realtor.com, or even tools provided by BiggerPockets can help.

They’ll be essential in helping you navigate challenges and scale efficiently.Since you’re planning for 2025, now’s a great time to start networking, analyzing deals, and learning about financing options (especially if you're a first time flipper..). 

Also, I am so grateful for the Bigger Pockets podcasts and tools/resources because a lot of what I've learned or clarified has been from listening to you all.Thank you for your time, and I look forward to learning from or working with you all!