If its a popular area for vacations you could do a short term rental.

@Cayton Green  This probably won't be a popular opinion, but unfortunately a closing disclosure isn't an indication of final approval or a guarantee that the loan will close. 

My friend did this and it ended up working out really nice and you basically have a new house but it’s a “renovation” and they didn’t have to put solar and pay certain fees etc.ADU is also very popular right now and seems easy to get the permits, but if it were me I would think long term about the property value if I intended to sell at some point. 

https://www.biggerpockets.com/blog/short-term-rental-loans-a...DSCR Loans: Terms to Know When Working With These Popular Rental Loanhttps://www.biggerpockets.com/blog/dscr-loans-terms-to-knowWhat’s Next For DSCR Loans?

Several popular out-of-state markets like midwest might see reduced interest as interest rate go down.They  did not see a price decline in 2023 as investors flocked to markets with high caps as interest rate went up (e.g.

DSCR is the most popular of the bunch (debt service coverage ratio - basically you qualify on the property cash flowing rather than your income and DTI).

In general, it seems to be high density cities and popular recreational areas that tend to have restrictions.

Being raised near Winmark in Port St Joe this has been “up and coming” since I was in high school and we are talking 18 years ago.I was just there visiting my parents and I do see some more houses going in there and maybe the popularity from the hurricane has brought many investors but I still know what it is like there come August-Feb (ghost town) and that is why I personally haven’t owned anything (yet) back home for short term.Now I could be wrong and the money is good enough to offset all the slow months.Just giving my perspective as I would be more inclined to buy something in Panama or Destin where there might be more foot traffic if I had to pick between them.

People just gotta get with going where the $ is vs sitting starring at the "popular" market thinking they can stare-it into getting cheaper, lol. 

Multi families are very popular in the area and single family properties that need live are also pretty common.