. - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-structuresLet me know if have questions or want to chat further - I can give you my investor perspective - text me at 512-368-9940 and we can chat further.PS.

Has anyone used this tool/could provide feedback and/or perspective.   

You can see the cost perspective and the equity available to pull out through a "Cash out refinance" or Heloc.

I'll take down just about anything outside of the west so I'm sure we could share some insight & perspectives.

Can anyone guide me on how to look at this from an investor perspective? 

Definitely that was money making time in terms of operations and appreciation as well.Things have changed now, there is so many STRs now that people are renting for 100-150 USD a night which is like a motel price.Now it may make sense from the perspective of, if Poconos is where you travel a lot with family or you are buying full cash to park the money, or tax strategy or various other personal reasons could be there where it might make sense to invest there.But coming in from the perspective of an investor who are new or have little experience and are trying to build wealth from not too heavy asset portfolio.

This may be more of a question for a lawyer, but from a tax perspective, that's my input.It's also worth looking at the sec. 121 home sale gain exclusion to see if it might be something you qualify for in order to take advantage of the exclusion amount since you mentioned it was a previous primary residence.

Make sure that strategy fits into your investing time horizon and goals and makes sense from a return perspective. 

If they are so easy to rent, then why are they vacant.If we look at it strictly on a numbers perspective and we assume everything you said was correct, we'd have $93,600 of stabilized revenue.

Unfortunately this is not an option for us as there is no inventory available nearby, and NYC prices are out of range... so we are shifting our perspective to possible out-of-state investing in order to get started down the path.