I'd add that this is mainly because in most markets the economics of buying a rental property are very different than buying a property to you want to live in. You end up taking on a larger mortgage for the latter, which drives up your minimum rental price, which may or may not be good for your market. If you've never run a property as a rental income property, there's a lot of nuances to that you have to be prepared for, like pricing your property to the market instead of to whether you like your tenants.