@Dustin Sanders Unfortunately, I will be shocked if you find this.  20% down is hanging on by a thread based on where rates are at and the general anxiety over declining real estate values.  20% down is the minimum I'm seeing. 

If your goal is only initial cash flow, almost any major metro with a declining population will meet this need.

Quote from @Jerry Zigounakis: This just in from proper insurance"Thank you for your interest in Proper Insurance® Due to strict brush/forest fire scrutiny, our program underwriters have declined your property coverage.

With that said Phoenix had one of the highest home price declines in the last market down turn.  

I would offer them cash for keys, or contact your attorney and start the eviction process if they decline.

That is a steep decline in value.

You can have the most beautiful kitchen, floors, and an overall great rehab, if sales are declining in the area or properties with similar rehabs are sitting on the market for several months, the appraiser will cut your value. 

Where can I do to do some research and figure out weather this style of get away is still growing in popularity, or if it is on the decline? 

Your always right even if you're wrong.Let's check next year if we made more profit or if our Occupancy% declined. 

Some risks include:- Declining property values, leaving you with little or no equity.- Rents staying flat while property taxes and insurance increase.- Unexpected expenses that eat into profits.For example, some investors who bought in 2022 at high interest rates expected strong rent growth to cover costs.