Populations and economies big enough to support a healthy rei climate, but small enough so that values are not artificially driven up too fast.

Outside of 2020, there has been a healthy amount of new development including larger quality MFR as well as smaller MFR’s being converted into quality housing which maybe played a factor in this too.

@Russell Brazil my main goal is for my family to be very healthy, wealthy, and happy.

I would highly advise a trusted turnkey provider or operation with a healthy amount of references from out-of-state and out-of-country clients firstly and for mostly.

. =)We walked away from our jobs in Portland when I was 35 to chase our dreams and find happiness, we have now travelled full time for a decade (while still young/healthy enough to enjoy it fully together), we live full time on a catamaran in the Caribbean that we own free and clear, just bought an oceanfront condo on our favorite island just in case we decide we want to grow old here later (one day when we're done sailing/exploring), still have a growing portfolio back home that pays for our perfect lifestyle and have also started a few passion projects turned businesses that are doing pretty darn well (considering our lack of interest in spending much time on them)... oh and yes, we do pay all our taxes and and fully insured/covered for health care.Just because we chose (and continue to choose) to live a free and nomadic lifestyle doesn't mean we dropped out of society to "smoke it up at the end of a long dirt road" - and just because we have decided that it's important to us to live and experience each day fully while we're young doesn't mean we don't have a plan for the future. 

Early 30s with a healthy compensation, with great credit score and savings, well done.

Price appreciation is also still moving along at a healthy clip here.

If you subtract ALL your expenses and Capex, your numbers look healthy - 43% gross after PITI.  

But here is a healthy measure of living large.

The lender is now the barrier of entry of their risk appetite and they'll need you to gauge if it's healthy or not-- it's not your job, but there's too many headwinds for them not to do that.