This shock factor often leads them to question what other elements of the house may need updating, even if the paint is a relatively easy fix.

You have a good point about the hassle factor though. 

I have 2 factors that I know play into it, but there's always more beneath the surface.

This helps you identify which factors drive the best returns and make confident, informed decisions.It’s also important to test your numbers with scenarios like higher vacancies, unexpected expenses, interest rate changes, or rent adjustments over the years.

That will play a factor for qualifying.

And in REI, correction happens when inventory increases among other factors.

Once again, the loss of the compounding factor by concentrating on my personal home rather than an investment was significant. 

@Ben Cochran I hope you have factored STR tax savings into your cashflow and ROI as it can be significant.Leveraging equity to purchase a short-term rental (STR) in Tampa Bay can diversify your portfolio and potentially generate strong cash flow, but it also increases your financial risk.While your properties hold significant equity, adding debt from HELOCs or a DSCR loan could strain your finances if STR performance fluctuates or costs rise.

The best market for YOU, is the market that fit's YOU; you're situation, your preferences, you're resources, your knowledge level, you're risk aversion and about 40 other personalized factors to you. 

So let’s examine the key factors that can help investors sort through these remaining subset1.