Additionally, you may not be able to get multiple meters to a SFR without violating zoning and building codes.Go green

If the household income cannot keep up with sales prices, it's very hard to get a green light to increase supply.

Quote from @Jonathan Greene: Welcome.

@Min Zhang, I did read David Greene's "Long-Distance Real Estate Investing" and am using it as my primary guide.

@Butch Greene, your issue isn't about buying it at all.

@Loren Green sounds like they haven't changed their ways. 

Since you want to invest in another state, I highly recommend you read "Long-Distance Real Estate Investing" by David Greene.1.

Quote from @Josh Green: I personally am buying and helping clients buy in the Tampa Bay Area for a few reasons:Here, you have a historically strong and consistent tourism presence, limited land/STR allowable areas, highly liquid property compared to selling a cabin in the woods, all 9 classes of visitors in the STR sector, and appreciation.

@Jonathan Greene, I agree for the most part.  

I recommend you read "Long-Distance Real Estate Investing" by David Greene and consider investing in a different market.