In my example, the  expensive stock is akin to California, versus the cheaper one perhaps Georgia or Ohio?  

For example, we'll do that hard work of upgrading old electrical even if it means dealing with a lot of wall repairs.

Others want a vacation home they can enjoy part-time while offsetting costs through rentals.For example, I’m based in Lake Tahoe—an area with strong seasonal demand for STRs.

I'm seeing an even higher value to the ability to foresee downstream implications that can really hang up an investor as they are trying to scale.That is just one example of reasons that might force an investor to transfer their deal to a different lender (seasoning, short-term rental, vacancies, regional lending constraints, etc.).

For example, if property values remain FLAT, it will take you about 7 years of paying down your mortgage to break even!

I bet you did well in Geometry.What I see here, is a great example of an understanding of How Money Works. 

One example I came across recently was a lakefront home on Chickamauga Lake in Harrison that’s clearly marked as in the county rather than incorporated.

Zillow applications are one example of a poor implementation. 

For example, markets like Columbus, Ohio are drawing a lot of attention from out-of-state investors because you can still find properties hitting the 1% rule with strong population and job growth, and you can learn from others who have built portfolios there without ever living in the city.

Here's an example of Alabama law change a couple of years ago.