any suggestions on how I should compare these 2 options?

I have considered turnkey properties as an option

@Matthew Posteraro I'm a big fan of starting with the 5% options. 

Quote from @Edgar Duarte: hi allI would love to get some perspective from your expertise, we have a property that we would have to sell in 2025 to avoid paying taxes on the capital gains, we believe we rcan sell it for $700K and get an equity of almost $500K after paying the mortgage balance, if we invest all of it option in index funds at 7% rate (standard com growth calculator), or in more rental properties as we are all here for, I can get the equity of around $900K.option B would be keep paying the house at 2.3% int rate while we have it in AirBnB and maybe sell it in 10 years for $900K, knowing that we would be paying taxes but it is not that bad still. or we can 1031 at that point?

Reach out if you would like to compare options or revenue potential for different homes and communities. 

Option 2: Make minor upgrades to the rental property to increase the rent (the current lease is almost ending) and hold onto it.

Two years ago, this approach would not have been an option.2.

I'd be happy to discuss whether or not this would be right for you if you're interested in a lower-interest option vs. a HELOC. 

I see 3-5 as a fad.Fractional ownership - way to much overhead for these to be profitable. think "timeshare".STR in non traditional markets - running a STR is a business and real estate, boils down to location location location - who would want to go to a conference and stay in a STR vs. the hotel where the conference is at, most businesses pay for this I do not see why.Mixed use with green - this has been going on for years- it will continue but it is also more expensive to build - which means higher costs to use.Not trying to be debbie downer, I have seen these attempted to be done in the past and they really have not been successful.I do really like the BTR model though as I continue to see that as a very good option in the future. 

We overthink real estate...Just find a place that people with options want to live.