I purchased a property when living in Richmond, VA in 2006. I had just left an apartment and Richmond looked like a long term locale for me so I took the plunge and bought.
Lo and behold, everything started changing and I wound up leaving Richmond, spending a year traveling before moving back to San Francisco where I'd been living until 2002.
For a few years I had long term tenants, but I wanted to share the house and the location with vacationers, as well as use it myself a few weeks each year so it has been re purposed as a turn-key spot to spend your Richmond vacation.
Then, when back in San Francisco I started doing AirBNB with my guest apartment when I didn't have friends in town.