These areas tend to attract more reliable, long-term tenants who are usually more financially stable and take better care of the property.

This can make your offer more attractive.

Debt is attractive to most people because they don't have the funds to do a project and instead of saving for years this is faster and easier but things go wrong and if you don't have reserves you can quickly find yourself in trouble.

By positioning the property effectively and highlighting its strengths, we attracted motivated buyers quickly, ensuring a successful sale without the need for renovations.

it is definitely a viable strategy, but many people assume they will automatically be successful solely because... you must make money buying at those attractive lower price points!

The irony is that this might actually attract more unscrupulous out of state investors. 

The lower your price, the worst guests you attract, both in reviewing you and in doing damage to your furnishings. 

They bring higher tenant turnover, limited cash flow, and attract traditional tenants who aren’t your ideal long-term buyers.

I think of it as the rent where I can READILY attract GOOD tenants and also KEEP them more than 2 years on average.

They had an incredible view, which attracted a ton of weekend bookings.