The bank is now requiring the following two things from me:  (1) That there be an Anti-Money Laundering (AML) Program in place

Here’s my personal opinion, it’s much riskier than the OP wants to acknowledge, but not necessarily a bad strategy like the “anti” crowd states.  

That's how we approached it and that's what we taught them.Our oldest is in school to become a teacher and our youngest thinks he wants to do something in medicine. 

He was going on about the anti-tip device that was NOT present on the new range.

This could be the best anti-squatter law in the country.

I will give you some of my highlights.People in Texas complain about their property taxes at 3% ours are about 4.5%.New York in general and Monroe county specifically are very tenant friendly.Depending  on the town, the code inspectors/police can be quite anal.Since Covid and the 2020 protests we’ve seen an increase in crime in the city and therefore weakening demand in the city proper and increasing demand for the suburbs.Industry is well diversified—University of Rochester (medicine) L3Harris (defense) xerox (IT) and paychex (software/hr)) and relatively recession proof.Population growth is low and therefore appreciation (except the past 4 years) has been moderate as well.There aren’t many builders in the area so supply is relatively fixed.Home (and rent) prices are both affordable with homes typically being less than 1/3 median household income and rent being similarly affordable.For single family homes at 8% rent will cover piti with about 100$ to spare in the A areas.

So, I came across this property which is by the university that which I attained my masters in medicine. 

Our factories dissolved or moved in the 90's and 00's and Grand Rapids has reinvented its self as the center for medicine, education, technology and most importantly beer (Beer City).Grand Rapids Michigan has been in the top 10 for rankings in the country for almost 10 years in multiple categories.  

Once an area becomes anti STR, it is usually followed by anti STR regulations.  

I'd recommend to reach out to Michael Estes here in Austin - he may be a great fit to help you with what you are looking for based on your goals/anti-goals listed aboveMichael EstesTexas RE Broker License #494994www.trendRE.com