You've got the correct idea on factoring in risk of an uncertain future.

Seller financing can be a valuable tool when used correctly, but its effectiveness depends on how it's structured and implemented.

Correction: This episode talks about Price Labs https://open.spotify.com/episode/1bS4eL80KL1rWY4vyCMjXh?

A CPA familiar with local STR regulations can definitely help make sure you’re set up correctly!

Greg is correct. 

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

Though many investors bend the rules and possibly don't get caught, you have the financial situation to do it correctly.

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

I'm going to take a wild guess that those are STR or MTR rents, is that correct?

Makes for very easy updating.As for out-of-state, @Daniel Hyman is correct that any competent tax preparer should be able to handle different state returns using easily available resources.