Are you looking in a specific city/market?

well if I ever make it to the Smokies to see what the draw is  I will rent a condo then :)  I am just guess but I suspect folks that go there want to be in the woods and hear the birds and maybe some local mtn views etc.. or some sort of privacy they never get at home out east were there is not very much public lands close to where they live in the big city. ????

Just thank your deity that you don’t live in a rent controlled city/state.

Leverage Local ResourcesEconomic Development Grants: Check with your city or county for grants or incentives aimed at affordable housing or community improvement projects.Local Banks or Credit Unions: They may be more flexible than larger financial institutions, especially if your project aligns with community needs.Partnership with Nonprofits: Collaborate with organizations interested in affordable housing or sustainable living.4.

Purchase price: $785,000 Cash invested: $156,000 Short term vacation rental in Panama City Beach.

I've had a couple OOS investors ask about ADU potential in our market... not sure what hurdles there might be with the city (permitting, zoning, or otherwise).

The only solution I see is connecting them to city sewer which won't work 95% of the time. 

However, to someone who is currently priced out of the condo, SF, and MF market in most cities, this is a dream come true.Open to Feedback. 

As you begin you REI journey here is a piece of advicecheck out this website for a great over view of a city https://www.areavibes.com/This website gives you a total livability score and you can see things like crime rate, housing, walking score and more.Best of luck!

If you share the city & state where the property is, I’d be happy to connect you with someone specific.