Check out Furnished Finder, Airbnb and VRBO (30+ day stays) to get a good idea of what else is out there in the area of El Paso you are looking in.

There are plenty of mood boards and renovation material ideas on there. 

They had proffers up there but things you would not be taught - when you have a project site you have to use police officers and not flagman.

It would be a good idea to assess your tolerance to risk and then plan something like that, but using a heloc is going to be around 9-11% in this market so to pay something off with lower interest rate to borrow more might not make much sense.

Thank you for the willingness to offer up what I consider I great idea.

It doesn't care if it's day or night, or whether you have low voltage task lighting or office lights.

It's really important that you work with an experienced loan officer or broker, especially on a time sensitive purchase transaction.

You will get plenty of that at your office sales meetings, office training, CE training, board and association training.   

The markets you’re considering have strong fundamentals, and many investors successfully scale this way without having to be actively involved.If managing a property doesn’t fit your schedule right now, keeping your capital liquid for the right opportunity isn’t a bad idea.

When the fed states they are going to raise rates, it is generally a good idea to believe them.