So many don't understand basic economics. 

Researching local laws, taxes, and economic trends is crucial.

>Los Angeles faces near-zero growth amid economic strains and resident outmigration.

Purchase price: $675,000 Cash invested: $120,000 Property taken back by lenders in the economic downturn and Housing crises in 2008, in the Las Vegas, NV, Valley.

I agree, seeing migration patterns coupled with insurance costs and insurability might be a good macro-economic indicator.

Many reasons: to encourage/discourage certain economic behavior, to appease a certain industry lobby or some fellow lawmakers or even sometimes a private individual, to buy votes, to balance economic effects of a new law, as well as simply out of incompetence of our lawmakers.

So, two questions arise; 1 - can this strategy work in a NORMAL period of economic activity, and 2 - can this strategy work in a difficult economic period?   

It’s also worth considering things like the local market conditions, return on investment, population and job growth trends, and other economic indicators.

A scholarship because of good grades is huge, as school debt can really be a drag on your economic future depending on your profession.

The people in STR as a business, as opposed to just an investment, will be profitable in most economic markets.