I concur with @John Thedford. depends on the market.Rentometer is pretty much universally useless for properties in Canada and there are markets in which we are involved or pursing properties in the U.S.A. where it's off the mark (South Eastern NH is one).

I currently live in Maine, actively doing market research on Maine, New Hampshire, and Connecticut Time to take action!!!

I've heard there is potential in certain pockets of NH however I can't confirm solely based on experience .

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $500,000

Cash invested: $125,000

Bought a 3 unit property 10 mins away from me!

What made you inter...

I'm based out of NH, which means most of my nearby markets tend to be quite expensive.

Is there a commute that's so long and arduous that people turn away from Boston and decide to work on central Maine and New Hampshire, trading off some income for quality of life?

Quote from @Ryan Davies: Most work this way: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 we charge $2,500 minimum)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 WeeksWe have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WV, WI, WY.

Investment Info:
Single-family residence buy & hold investment in the White Mountains of NH.

Single family buy and hold property with the primary goal being STR income and appreciation.

To elaborate alittle....I have a STR in a very tourism driven town in northern NH. 

We started in New Hampshire and now do deals in Maine, Massachussets, Florida and North Carolina.