This 100% what's happening, and when the wealthy create a larger divide it becomes a scarcity play for typical Rupert and Lolita.

It's late, they're yelling/playing music/whatever I need to sleep and don't want problems with my neighbors.

Appreciation seems like the only play here.

Is there a step up in basis for the husbands half of ownership, will there be a $250,000 or $500,000 homestead deduction, and are there other mechanisms in play that I may not be aware of?

So I was playing around the data and created a simple interactive map for housing market data visualization by counties across the US, like home prices distribution, mean days on market, listings number, etc. 

Development is one of those plays that either goes incredibly well or incredibly poorly.

Now from an investment standpoint, I would assume when it's in the lowest demand it's the best time to buy but if this STR could be a LTR you're playing in that same market.

I once attended a free Kiosaki seminar on buying in the stock market........then they asked us all to play Roberts stock market board game to aquaint  us on the basics...

If they do their due diligence and they lose their money then that’s the risk reward they signed up for.BP wants to play a role then sell training or develop checklists.  .  

Investigate how to vet tenants properly, there isn't a one-size-fits-all approach, and the resources and limitations of your locality should play a big part in determining the technique you use.