Rental income is considered passive, while stock market capital gains are portfolio income, meaning passive losses from rentals can only offset other passive income, not capital gains.

Myers Market Update Feb 2024 (biggerpockets.com)

They need a well-designed workspace, ultra-fast Wi-Fi, and long-stay conveniences like a washer/dryer and a fully equipped kitchen.Why This Matters for Your ROI:When your STR feels tailor-made for a specific type of guest, it stands out in a crowded market—leading to higher occupancy, better reviews, and repeat bookings. 

I am seeing a trend in CA that ADU construction is more cost effective (per unit) than buying on the market by a long shot.

Finding deals outside of California can definitely open up new opportunities, especially given the cost of living and market dynamics in the state.When looking for properties in other states, consider focusing on areas with strong rental demand, economic growth, and population increase.

Occasionally I'll see properties coming on the market where the seller has a VA loan with a low interest rate.  

You will likely need to find something off market.

It’s great to hear that you’re already active in the Southern Maine market.

When I say education, I mean real education (not formal or higher education) but more like hands on business experience, sales, marketing, or agriculture as you mentioned. 

If Union City’s numbers don’t work, out-of-state rentals in more affordable markets might offer better cash flow.Good luck!