Lots of factors to take in when picking a market.

I was told that one of the most important factors is the deal.

Protecting your asset is sometimes a  factor in an upgrade.

California with both its terrain and rainfall can easily increase their water storage by a factor of 10.  

Most likely you will need to factor this into your purchase price when making offers.Thanks.

ADUs can significantly enhance your property's value by adding living space that can be used for rental income or as additional living quarters for family members.The increase in value from an ADU can vary widely depending on several factors such as the size, quality, and functionality of the ADU, as well as its integration with the main property.

There are other factors that determine what they will pay for your unit and the family who applies. 

With the cash out refi it would be the same you would just factor what you would cash flow with the new monthly payment. 

Of course you can manage for this and set aside funds however I suspect the risk and loss factor was/is far greater than the sponsor realized when they go in for this noble pursuit of helping homeowners save their homes..

Never invest in any city on this list of the 50 most dangerous US cities.Low operating costs: High operating costs are one of the driving factors for many companies, leaving states with high taxes, regulations, and other costs.