The Poconos Association of Vacation Rental Owners put out an impact study that talks about the big picture which is good.  30 million visitors coming each year, nice things to do, mix of resorts and outdoor destinations that are not overcrowded, a pleasant place to drive to. 

Looking at the macro-indicators for the state and especially when compared with the surrounding areas - namely CO, AZ, UT... - NM is poised for significant appreciation in the long run. 

Always think it is extremely important to note that Cap Rate does not drive value on Single Family Rentals since NOI is not the factor for the vast majority of the market - only really relevant for Multifamily and Commercial (BP audience is generally skewed towards residential not commercial investing)

I may be missing the point of what you are trying to achieve, and might feel more strongly about this than most, but automated systems like this infuriate me and would actually drive me away from wanting to sell a property to whoever is using it.

One person, hoping to flip contracts and find deals by driving around the neighbor or posting illegal signage isn’t going to create a business, let alone a successful business.  

Even with hardly any reviews this helps to drive bookings to a new listing!

There is no federal rule disallowing an income requirement as a multiple of rent and the state of Ohio allows this as does Akron and all surrounding cities where I operate.

Looking at 4-5 months from initial offer to listing and I have a GC handling all the work, so my time has been just driving to check status/give input/drop off payment.

If anyone is interested in chatting more about the Sacramento and surrounding markets, I'd be happy to chat.

Pros and cons to both but this drives the decision and recommendation.