Competitors, local events that attract crowd, pricelabs, seasonality, weather events, your unit profile..

I bought our current house in the middle of a harsh winter because we were relocating and need to find a place. 

The proximity to CA, low taxes, landlord friendly, tech jobs, population growth, and temperate weather make it appealing for investing.

@Ray HageI agree as I would stay away from condos as between special assessments and increase of fees, what is the risk vs reward.Many of these buildings are run by people who are not property managers or have development experience and lack the knowledge to properly run the propertyAlso many don’t realize that on older buildings your initial estimate will be 30-50% less once the work starts, especially on older concrete buildings that are susceptible to deterioration due to the weather in these areas (especially the salt)

I've been in the insurance claims business for 20 years and not everyone gets that a modern mobile home tends to weather a hurricane better than most framed homes.

@Paul Azad weather the juice is worth the squeeze depends on the specific deal and details.

No thats a pretty harsh word.

Everyone has a right of stating their own opinion, no matter how harsh or inappropriate it may come across.

(I wrote about it in this thread.)The New York Times has indirectly addressed your question a few times -- in this 2019 story and this 2023 article -- where they discuss areas that will fare better in an era of extreme weather and climate change.

That too in midwest side where winters can be harsh?