Eugene is very liberal.West of the mountains is pretty rainy and may be more of a climate change than they like.

Perhaps they are monthly weather reports vs the actual overall investment climate and storms may be on the horizon.

Most likely not in todays climate, you may be able to refinance. you could look to private lending but its expensive.

This heightened caution is steering them towards undervalued and distressed properties, albeit with a strategy of waiting for the most opportune moment to capitalize on these investments.Moreover, a significant evolution is the increased emphasis on climate risks and sustainability.

Here, homes once eagerly bought up during the pandemic rush are now seeing 'For Sale' signs stay longer, as rising climate risks and soaring insurance costs dampen their appeal.

Baby boomers and millennials, each at distinct life stages, are converging on the market with different needs and financial strategies, shaping the housing landscape with their preferences and purchasing power.Baby Boomers: In Search of Sun, Savings, and SerenityBaby boomers are charting a course toward warmer climates and tax-friendly havens as they approach retirement.

The reason maintenance costs are so low is the climate.

I'm hoping to discuss this with people currently doing this in St Augustine to get a feel for the climate and understand the regulations/taxes/fees involved in this area.Thanks,Chip

In general, look for markets that people are moving too, the economy and population are growing, and have favorable climate and desirability and start researching each market you find.

I am sure that there are deals to be found in any economic climate, but between the hot Texas market and high interest rates, I want to be smart about how I start off.Long-term rentals are especially intriguing to me, but I wanted to hear from people that have made them cash flow successfully.