We've come to realize that the Boston market is too tough and the numbers don't make sense (to even house hack), so just recently, we decided to hone in on Plymouth, MA... with the idea that it could be a good tertiary market to do furnished rentals (thinking short-term/AirBnB in the summer, and mid-term in the offseasons).

So, I'm left questioning what benefits there are to the 2/1 buydown that would make it a recommended option.I'm thinking that if I skip the 2/1 buydown, the cash to close would be lower, meaning I'd need to put in less of my own money upfront, which seems like a better option to me.

Thanks for reaching out Alex, I heard Kansas markets have been doing good. 

For an STR, the lender, assuming they are STR friendly, would likely use AirDNA projections, historicals from the seller (if they exist), or an STR 1007 market rent schedule to qualify the rents.

The home prices are also much more affordable, and from what I am learning, the Salt Lake City market is getting very hot, especially considering the Salt Lake City Winter Olympics in 2034. 

Especially in today's competitive market, being creative has never been so important! 

Key Market Movers and How to Track Rateshttps://www.biggerpockets.com/blog/2024-dscr-loan-rates-and-...

Have you considered the benefits of building relationships with private money lenders?

In fact  there's a company that markets quite heavily on this BP that sells uneducated investors formation packages that are completely impractical and unnecessary but there are plenty of accountants out there who do the same.  

.- Tag a friend who would/could benefit from this discussion.