Get the people who are potentially making the decision to give you more details and specifically what it would take to get it done.

God bless them, they are often wonderful waiters and hair dressers and service people and . . . .  

Crazy idea - How about asking your tax professional instead of a bunch of people on this blog that have no clue about if you qualify for RE professional status?

@Jessica DiPonziano I moved to a small community 2400 people in the summer, probably 30,000 people in a 45 mile radius 28 years ago.

You might also be able to employ a short term rental strategy to increase cashflow-- sporting events, conferences, homecomings, graduation, etc. always attract people to the area.Ask around and try to find people who are investing in Amherst/Northampton and connect with agents in the area to see what's working.

People pick rentals based on location and price.    

People will mention you can make it a rental for a short period and then still sell but… Why do that?

The applicant never bothered to call us and verify.It is sad to see scammers take advantage of people and steal like this.

@Connor GoldenInvesting in mid-term homes means you look at what people need, how much they'll pay, how often it's rented, how much homes cost, and what's trending.

It’s to prevent scammers from stealing elderly people’s homes.