Cheyenne is growing rapidly and I think it would be good investment. 

Buying in areas with a lot of good jobs and desirability is the key to growing wealth from rapid appreciation.

Additionally, terms like "houses for rent in Fayetteville NC by private owners" and related searches indicate a lively market for both buying and renting homes.Example listing: 814 Bedrock Dr, Fayetteville, NC 28303 - Purchase Price: $80K814 Bedrock Dr, Fayetteville, NC 28303 | ZillowNearest comps sold in Feb 2024 for $170K with 1,326 sq.ft compared to this property which has 2,220 sq.ft.28304: Given the rapid sales turnaround and price increases across various configurations, a focus on 3 to 5+ bedroom homes could maximize returns, especially targeting larger families or investors in rental properties.Increased searches for "apartments Fayetteville NC 28304" and a noticeable interest in family-oriented housing options, as indicated by terms like "3 bedroom houses for rent Fayetteville NC", support the observed demand for larger living spaces in this zip code.All feedback on my research is welcomed as always :)Have a lovely week!

If the STR market does better than your low expectation, you'll be elated.The supply of STRs has rapidly increased in 2021 & 2022 because of the perception of easy money.

I know that might sound ludicrous, but the rapid appreciation in housing prices and interest rates has created some very interesting rent vs. own dynamics, especially in the Bay Area. 

How rapidly is the area growing?  

It requires real effort to explore all options, based on each client's tax profile and objectives.In some instances, such as "Safe Harbor" vs Non-Safe Harbor, not exploring all options "just" means incremental increased cost and missed deductions to some clients.

With Raleigh growing rapidly there are an incredible amount of new builds happening.

When it is up, extend in 1 year increments.  

From there every 20 point increment affect pricing differently.