According to the Justice Department, RealPage’s algorithm allows landlords to align rents with their competitors by analyzing sensitive data, from renewal rates to occupancy trends.

It's a lot of owner-occupants and those areas usually have investors investing in them because they are stable with access to the best tenants.

This is a great post.I was also looking at Packwood WA for STR investments and noticed that the occupancy rate has been low.

Despite the storms in W FL we are seeing YoY rate and occupancy increases 24-25.  

Balloons are not allowed to owner occupants, but you can raise the interest rate at 5 years.You should be able to at least get out clean in Austin.

Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.

The renovation aimed to modernize the property, enhance its appeal to potential tenants, and maximize its long-term value.

My specialty as an example is working with investors looking to build portfolios of Short Term Rental/ luxury vacation properties all across the US.  90% of my clients use the 10% down second home occupancy loan.  

Average occupancy at time of sale this year was about 50%.

That's the only real answer to make anything work in a place like Boston.And to answer your question on returns, 4x-20x leverage (including owner occupant loan options) + appreciation is what makes real estate a better investment the index funds and worth the hassle.