BRRRR properties in Hudson Valley-Albany-Berkshires

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I'm looking to Brrrr my first property, and if at all possible, would like to keep it close to home for this first one. I'm in the Hudson Valley, Columbia County, NY, and would consider properties in the Albany area, as well as Pittsfield MA, or anywhere in the Berkshires. 

My question is pretty basic: Is this area a good one to begin building a Brrrr team (agent and PM; I'll pay cash for this and I'm a contractor so can handle the rehab work)? Or is it better to go to North Carolina or the midwest like everyone else?

What other areas would anyone recommend for SFH rent and hold properties, if I DO go long distance?

Thanks in advance for any input; it's appreciated.