The area is saturated with 2/1’s for rent and not much demand.

Consider all three options, evaluate supply versus demand, and take action!

It comes down to supply and demand, and how motivated are you to sell your property? 

@Charlotte Casey our in house lender advised us that they are artificially raising their rates to slow the overwhelming demand for financing.

I'm working with a ton of homebuyers that are focusing on getting single-family homes with a mother-in-law apartment to help supplement the mortgage payment. 

The very limited low down payment options demand higher interest rates and high mortgage insurance rates.

This is just another reason why demand to own is high and home values should continue to increase in 2020.If you have any questions on AZ Real Estate please reach out!

In no particular order I have listed some of the most popular markets for out of state investorsCincinnati, OhioDayton, OhioToledo, OhioYoungstown, OhioCincinnati, OhioMemphis, TennesseeSaint Louis, MissouriIndianapolis, IndianaDetroit, MichiganErie, PennsylvaniaLouisville, KentuckyMilwaukee, WisconsinJackson, MississippiEach of these markets is popular with turnkey investors because of the low barrier to entry, high rental demand & high rent to price ratio.

You'd need to demonstrate that there's no demand for commercial uses there, which would be difficult to do with a paying tenant in.

Windsor is a great "small town" that generates good cashflow with moderate chances of appreciation (relative to the CT Market)Granby even a smaller town feel than Windsor, rentals are in high demand and rent prices are high.