As a few people have mentioned: Many cities (including Portland, Bend, and parts of the Oregon coast) require permits, business licenses, or occupancy limits, and restrict the number of STRs per neighborhood or zoning type. 

It is a solid model for rapid growth with limited capital and allows for risk management.  

I currently earn about $92k, so once we’re married, our combined income will push us over that limit and we’ll lose eligibility. 

I currently have very limited connections in real estate.

Randolph County shows more price stability and limited inventory, which supports LTR demand.

The septic system depends on size of house and number of bathrooms so you would need to oversize or risk limiting new owners.

This is due to poor origination and having limited exit opportunities.  

Limited land for new construction, combined with steady job growth in data centers, manufacturing, and lithium battery production, is driving demand.

And note also that some states may have laws limiting residential leases to one year - but that doesn't mean you can't renew your tenants for an additional year.

There are programs that have higher DTI limits, or ones that use bank statements, even programs that only require 1 year of tax returns or 1 W2 to qualify.