She is offering to refinance one of her homes that is completely paid off.

Be sure to explore all around the forums as well as many of the FREE tools that Bigger Pockets provides.I am on the lending side of things and am always happy to hop on a call to discuss loan options that are out there, even if not offered by my resources.

If you ever have any questions feel free to reach out and ask I enjoy helping and offering tips and loopholes to help save time and money.

But, it may not offer the ROI as other locales, and it may not be "fun" like buying in a favorite vacation spot.2 - The highest ROI folks - Self explanatory, will go where ROI is high and/or regulation low.3 - The second home/retirement minded - These people are looking for minimal ROI but want the house in a specific location because they like to use the property and want it to pay for itself.

It potentially offers legal protection.

Of course, if we have another available unit that's similar to the one they were looking at, I'll pivot to that and offer to move their current application over to that unit as long as they would still qualify under whatever the new unit's rent is. 

I think the 10-14% rate is where it will be for the next five or so years personally so plenty of opportunity

I used to cold call sellers from across the countries, and offered to buy their homes for cash.

Note: The BiggerPockets Calculators do not offer me what a goodl ol' fashion Excel spreadsheet might.

Builders offered everything from rate buydowns to other buyer incentives to make their homes more attractive.