As a result, the few homes on the market command higher prices due to basic supply and demand dynamics.Many homeowners hesitate to sell despite potential profits, as replacing their home would be significantly more expensive.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Those are the 2 avenues of research you need to do as your due diligence. 

Also 4th quarter of last year Packwood and county officially did discuss potentially regulating STR's by either limiting numbers or adding a tax to cover increases in local services that are needed. 

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Buying a second home to rent out is a solid strategy, but be sure you understand the cash flow, including mortgage, taxes, and potential vacancies.

There are outlier circumstances and big-picture strategies that could potentially apply; but that's why they need to talk to someone about their specific situation. 

I seriously looked into purchasing a few years back in Valencia but decided ultimately the US had more potential.

To transition to multi-family properties, research landlord-friendly states like Texas, Florida, Tennessee, and Indiana with favorable eviction laws, lower taxes, and higher rental demand.

For instance, my first town I researched was 30107. 30107 has 18k population.