But more than that the price of SFH in a market also paints a picture about the overall housing climate and economy there.

Your legislative climate may vary, however.    

I would be very interested to speak about your rental for sale, that could play very well into my strategy for obtaining VRs in multiple peak seasons/climates/locations.  

Just make sure its a moderate climate as they don't provide tons of heat in cold winters.)3) Not understanding all the ways an appraiser can appraise small multifamily (read: overestimating ARV).

If you are in a cold climate though and you seal it in there then it's going to freeze and cause a lot more damage.

Not sure I would go with wood in that climate. 

I like Indy esp if you have interest in STR as the climate here is very friendly.

Understand the climate and invest 

While many of you have been wondering about the future of interest rates and the economic climate, it seems a very overlooked area is diversification.

This may bear some hurdles which may include buying one with much higher price due to this current RE climate.