I'm in the Charlotte NC metro market areas.

If it’s a smaller home that has a high occupancy already it may not be worth it, small homes (1-2 beds) that are priced and marketed well in the Denver metro can easily stay over 80% year round.

It may depend on bigger goals but even single family in the metro is expensive, so again it may go back to your longer-term goals.

To be honest, $600k doesn't get you much through most of the metro.

Rent control is a strong indicator of an intrusive government.City Selection ProcessBegin by evaluating cities with a metro population of more than one million.

I remember the reports of the first cases coming out from Wuhan in December of 2019 ,and obviously since everyone knows there are only 4 comprehensive bio safety level four laboratories on the planet, Moscow, Paris, Fort Detrick-Maryland and of course Wuhan Institute of Virology, and given that there are over 100,000 small town with wet meat markets throughout China, one doesn't even have to ask the question "what are the odds?"

I don't venture outside of the OKC Metro much but it looks like overall rents have been up for you. 

We are pursuing a house hack (fixer upper) and turning the basement into an ADU which we rent on Airbnb.I had a theory that Airbnbs that performed needed to be walking distance to a metro.

Landlords/owners feel their rental apartment will be vacant for longer while others prefer to wait until more inventory arises in the warmer months.Astoria RentalsWhile New York City’s metro area as a whole, especially desirable areas like Astoria, is not considered to be a ‘cashflow’ market, there is upside to purchasing rental properties here.Median rent prices have risen from 2022-2024 as follows:Studio rents up 30%1-bedroom rents up 19%2-bedroom rents up 18.5%3-bedroom rents up 21%* While 4+ bedroom rents have increased as well, the findings are insignificant due to limited data/inventory for this apartment type.

I would also say that markets like Manhattan are not super representative of most markets in the US - a lot of foreign investment I'd imagine in NYC, Miami etc - I'd guess a lot of these cash purchases are more about exchanging unstable or risky foreign assets/currencies for perceived stability/safety of US top metro residential real estateI think in a lot of other markets where this isn't relevant - I think most are cash offers being "king" as not having appraisal or other contingencies that might sabotage the sale after 30 days or so and make people re-list (sellers will take less to avoid this risk and downside)