You know classic economic law of demand and supply.One way to find out would be to look for flippers on the MLS and leverage propstream and your skip tracing service or truepeoplesearch , reach out to them to find out if they are buying at 70,75 or 80.

Repurposing your own home, and moving into a new one is an easy start into being a landlord and investing.

Years ago, when I was still living in Europe, I read the classic: Rich Dad, Poor Dad book.

I have heard of investors re purposing hotels and converting them into Multi Family living.

The classic children's book "If you give a Mouse a Cookie" can offer the best insight on this (kidding...kind of) Once this road begins that's when other things can happen as well and turn into  a game of he said she said.

First Republic bank is asking me to sign the following statement;"Do you have any present intent to re-purpose the use of the Property by withdrawing any units from the residentialhousing market pursuant to California Government Code Section 7060-7060.7, commonly known as the Ellis Act,or is the Property currently under any Ellis Act restrictions?"

If there is a better use for the property through repurposing or development2.

I'm a classic example as I already have Airbnb's booked for a big road trip in August to NC/SC and Myrtle Beach.

I recommend the Howard Marx classic:  Mastering the Market Cycle - Getting the Odds on Your Side.  

The classic way of handling issues is to hand out fines or threaten eviction.