Larger homes provide more opportunity to make the home unique and capture larger families/groups to share the expenses of one home vs renting 2-3.

More unique to Airbnb3.

Hi Willis,ROI can definitely vary between markets, even within the same region.

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

I would connect with a few lenders on here, find one local mortgage broker, and then call around to several regional banks and credit unions.

With the region's expanding infrastructure, business development, and population growth, it is well-positioned for long-term profitability.

The reason is that we have a relationship with a regional bank that will provide financing and which if we limit leverage to 50% will (1) charge interest at their lowest commercial rate fixed for 20 years with no balloon, (2) charge 0 origination points and no “junk” fees and(3) allow us to sell the property with either a sub to or a wrap loan without increasing the interest rate - in other words no due on sale clause.  

Open to all shared knowledge. cheers, DanHi Dan, Best out of state markets in our experience and observations: sunbelt regions and parts of the mid-west.

Regional hospital in Denison, Two huge casinos in Oklahoma and a number of smaller ones, Four TI chip plants under construction, and they already have a plant there now, but not sure what it makes, Tyson foods factory (I think chicken), airport that I would think gets some cargo service (but no passenger service yet). 

For a cash-out refi in Cambridge, MA, you may want to look into local lenders, credit unions, or regional banks, as they often have better knowledge of the local market and can offer competitive terms.