Open floor plans, movable partitions, and multipurpose furniture are increasingly popular among Millennial homebuyers.Digital Savvy and Tech Integration: Growing up in the digital age, Millennials are tech-savvy consumers who expect seamless integration of technology into their homes.

I recommend googling "(City name) comprehensive plan" every city has a city plan that shows where their major commercial projects are heading. 

I will give you some of my highlights.People in Texas complain about their property taxes at 3% ours are about 4.5%.New York in general and Monroe county specifically are very tenant friendly.Depending  on the town, the code inspectors/police can be quite anal.Since Covid and the 2020 protests we’ve seen an increase in crime in the city and therefore weakening demand in the city proper and increasing demand for the suburbs.Industry is well diversified—University of Rochester (medicine) L3Harris (defense) xerox (IT) and paychex (software/hr)) and relatively recession proof.Population growth is low and therefore appreciation (except the past 4 years) has been moderate as well.There aren’t many builders in the area so supply is relatively fixed.Home (and rent) prices are both affordable with homes typically being less than 1/3 median household income and rent being similarly affordable.For single family homes at 8% rent will cover piti with about 100$ to spare in the A areas.

It's all about the plan document, and we use a custom plan document. 

And plan to hold it forever, even if they outlaw STR.

I'm not sure if you're planning to buy and hold or fix and flip.

Speaking for myself I’m just planning to have to live there for more than 1 year and make sure there is room to raise rents, for example spending a few thousand to bring a washer dryer connection to the complex if it doesn’t have one could be a great cash on cash return if you can raise rents maybe $50/unit on the next turn. 

I never check the market rents, and when someone across the street wanted to rent it, he's a renter and his landlord is selling the house, is paying $1,800.00.Rents now are $2700 market, and just rented it for about $2,300, but plan to increase it by at least $25.00 or more a year.

More specifically, it requires (like all REI) a solid understanding of the operational expenses and local market.

@Carlos OlivaCash-out Refi:Pros:Fixed interest rate - providing stability in your paymentsLump sum payout - one-time lump sum, which can be beneficial if you have a specific investment or expense in mind.Lower interest rates - compared to HELOCs because they're first mortgagesCons:Closing costs - higher which can eat into your equityResets mortgage term - If you've already paid down a significant portion of principal.