A perfect example from my day today, lol, I showed two homes, 2-bed A-frames next to one another, one was producing 120k, the other under 70k (Both with views).

There’s been a net outflow from Stockton to Sacramento, making it a more attractive destination for many looking to stay in Northern California but still find value​.

They should be using a net rental income analysis which would produce an income figure specific to each property based on your reporting on Sched E.

This can lower utility costs for tenants and increase the property’s attractiveness.

And I want to rent out their home to produce cash flow with low interest rate, which they have. 

Sellers and agents often inflate prices based on potential income, but like you said, you want to base your investment on what's actually being produced right now.

That company supports foreclose bidders they produce a document daily on all the sales with same info I mentioned above and color coded certain props with extra caution Red or Green for ready to go bid with confidence. although this created uber competition. 

Lastly, the real attraction here is the 10-12 week summer season; usage the rest of the year would just be gravy to some.

Institutional Investors: As you scale, attracting institutional capital (e.g., private equity, pension funds, or REITs) can provide the capital necessary for larger developments or acquisitions.

Local Economic GrowthJob Market Health: Areas with strong job growth, particularly in tech, healthcare, or other high-demand sectors, attract both short and mid-term renters.