A lady I know in SB told me there are a couple of REI companies who grabbed lots of good things up.

Curious if I could grab any advice on how to proceed with this... 

Hit me up and we can grab a cup of coffee and shoot the breeze about real estate and what is going on in Arkansas.

Is it ok if I grab a contact persons information from you?

You are right about it being "healthy" however what I do see also happening is a whole load of STRs - especially in Arrowhead Lake added on to the inventory  , I am quite familiar with the area hence I would suggest to be extremely wary of that fact , also as others have mentioned - stay clear of property management companies ( especially the likes of evolve etc )  - their proposition & value add in the Poconos is just to grab a % of income.  

The main house (the one that grabbed our attention) is nearly 1800 sqft with lots of room in the attic for a master suite, the house in the back is about 1000sqft and in worse shape than the main house.

I know the vacancy rate in Minneapolis is lower than that but I like to be safe.Let me know if you and your wife ever want to grab coffee!

I have broken this rule a few times in Indianapolis, where a handful of my 2/1 units were purchased for around $30k, but I grabbed those off market and are in gentrifying neighborhoods I was willing to bet on. 

hard to get people to admit they made boo boo's they tend to just go off and sulk and get out of the game or they wipe themselves out and can't afford to move forward.but if you want to sit down we can go all 18 on my 40 years ... grab your popcorn.. :)But to be fair and balanced I have hit some grandslams too :)

We should grab a coffee when you're back in town.